Compute the distribution of the estate assuming that the estate tax is P200,000. Don Nilo Co...
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Compute the distribution of the estate assuming that the estate tax is P200,000. Don Nilo Co executed a will disposing his properties as follows: EMV at date of will P1,000,000 500,000 500,000 Heirs: His son - residential land His wife - car • Cash FMV at date of death P2,000,000 200,000 2,000,000 Compute the distribution of the estate assuming that the estate tax is P200,000. Don Nilo Co executed a will disposing his properties as follows: EMV at date of will P1,000,000 500,000 500,000 Heirs: His son - residential land His wife - car • Cash FMV at date of death P2,000,000 200,000 2,000,000
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The total value of the estate This is the sum of the fair market values FMV of all the properties li... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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