BIR Form 1702-RT https://efps.bir.gov.ph/efps-war/EFPSWeb_war/forms2018Version/170...

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BIR Form No.

1702-RT Annual Income Tax Return
Corporation, Partnership and Other Non-Individual Taxpayer Subject Only to
January 2018(ENCS) REGULAR Income Tax Rate
Page 4

1702-RT 01/18ENCS P4
Taxpayer Identification Number (TIN) Registered Name
007 - 579 - 488 - 000 ASIAWIDE KALBE PHILIPPINES, INC.

Schedule III - Computation of Net Operating Loss Carry Over (NOLCO)

1 Gross Income (From Part IV Item 33) 0

2 Less: Ordinary Allowable Itemized Deductions (From Part VI Schedule I Item 18) 3,448,766

3 Net Operating Loss(Item 1 Less Item 2) (To Schedule IIIA, Item 7A) (3,448,766)

Schedule IIIA - Computation of Available Net Operating Loss Carry Over (NOLCO) (DO NOT enter Centavos; 49 Centavos or Less drop
down; 50 or more round up)

Net Operating Loss

B) NOLCO Applied Previous Year
Year Incurred A) Amount

4 2023 3,448,766 0

5 0

6 0 0

7 0 0

Continuation of Schedule IIIA (Item numbers continue from table above)

E) Net Operating Loss (Unapplied)
C) NOLCO Expired D) NOLCO Applied Current Year
[ E = A Less (B + C + D) ]

4 0 0 3,448,766

5 0 0 0

6 0 0 0

7 0 0 0
8 Total NOLCO (Sum of Items 4D to 7D) (To Part IV,
0
Item 36)

Schedule IV - Computation of Minimum Corporate Income Tax (MCIT)

C) Excess MCIT over Normal Income
Year A) Normal Income Tax as adjusted B) MCIT
Tax

1 0 0 0

2 0 0 0

3 0 0 0

Continuation of Schedule IV (Item numbers continue from table above)

G) Balance of Excess MCIT Allowable

D) Excess MCIT Applied/Used in F) Excess MCIT Applied this
E) Expired Portion of Excess MCIT as Tax Credit for Succeeding Year/s
Previous Years Current Taxable Year
[ G = C Less (D + E + F) ]

1 0 0 0 0

2 0 0 0 0

3 0 0 0 0

Total Excess MCIT Applied (Sum of Items 1F to 3F) (To Part IV I tem 47) 0

Schedule V - Reconciliation of Net Income per Books Against Taxable Income (attach additional sheet/s, if necessary)
1 Net Income/(Loss) per books 0
Add: Non-deductible Expenses/Taxable Other Income
2 0

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BIR Form 1702-RT https://efps.bir.gov.ph/efps-war/EFPSWeb_war/forms2018Version/170...

3 0

Add Delete Add Attachment

4 Total (Sum of Items 1 to 3) 0

Less: A) Non-Taxable Income and Income Subjected to Final Tax
5 0

6 0

Add Delete Add Attachment

B) Special Deductions
7 0

8 0

Add Delete Add Attachment

9 Total (Sum of Items 5 to 8) 0

10 Net Taxable Income/(Loss) (Item 4 Less Item 9) 0

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