Vina Go-Ong sold her condominium unit for a contracted price of Php 8,000,000.00, the condominium has an

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Vina Go-Ong sold her condominium unit for a contracted price of Php 8,000,000.00, the condominium has an assessed value of Php 8,700,000.00. Vina bought the unit for Php 5,000,000.00 three years ago.

How much is the Capital Gains Tax?

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Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Posted Date: Sep 22, 2023 06:47 AM

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Vina Go-Ong sold her condominium unit for a contracted price of Php 8,000,000.00, the condominium has an

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The Capital Gains Tax CGT on the sale of real property in the Philippines is calculated based on the higher of the selling price or the assessed value ... View the full answer

Fundamentals Of Taxation 2015

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