Question: Yes or no. Explain your answer -.Siblings, X, Y and Z, inherited a five-door apartment from their parents in 2010. The property at that time

Yes or no. Explain your answer

-.Siblings, X, Y and Z, inherited a five-door apartment from their parents in 2010. The property at that time had a fair market value of Php 5 million. Today, it has a zonal value of Php 8.5 million. Should X,Y and Z decide to sell the property now at Php 10 million, what is the basis of the value of the Capital Gains Tax

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