Days before her death, Cassie sold domestic shares costing P6,500,000 to a buyer when its fair value
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Question:
Days before her death, Cassie sold domestic shares costing P6,500,000 to a buyer when its fair value is P12,700,000. The capital gains tax on the transaction was P240,000.
- What amount should be included in Cassie's gross estate?
Juli died single leaving the following:
Related Book For
Intermediate Accounting
ISBN: 978-0071339476
Volume 1, 6th Edition
Authors: Beechy Thomas, Conrod Joan, Farrell Elizabeth, McLeod Dick I
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