Question: this two problem since they are connected ing price or gross value in money 3. Noynoy invested P500,000 in the shares of stock of Villar

this two problem since they are connected

ing price or gross value in money 3. Noynoy invested P500,000 in the shares of stock of Villar Corp. The corporation's shares are listed and are traded in the local stock exchange. Noynoy sold the shares for P350,000 through the local stock exchange. The percentage tax on the sale is: a. P2,100 b. P3,000 c. P2,500 d. P900 4. Using the same information in number 3, assume the shares are nonlisted and Noynoy sold the shares to Gibo, a direct buyer, the percentage tax on the sale is: a. P6,000 b. P3,500 c. P1,750 d. PO

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