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  • Activity No. 3 - Capital Gains Taxation

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    Gileah Zuasola
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    Grace sold shares directly for P300,000 that were worth P400,000 and had originally cost P150,000, generating a capital gain of P150,000. Mrs. Salazar purchased shares for P200,000 that she later sold for P250,000 through the stock exchange, resulting in a capital gain of P50,000. Anderson sold a vacant lot for P3,000,000 that had an assessed value of P2,800,000, generating a capital gain of P200,000.

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    Activity-no.-3-Capital-Gains-Taxation

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    Grace sold shares directly for P300,000 that were worth P400,000 and had originally cost P150,000, generating a capital gain of P150,000. Mrs. Salazar purchased shares for P200,000 that she later sold for P250,000 through the stock exchange, resulting in a capital gain of P50,000. Anderson sold a vacant lot for P3,000,000 that had an assessed value of P2,800,000, generating a capital gain of P200,000.

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    6 views1 page

    Activity No. 3 - Capital Gains Taxation

    Uploaded by

    Gileah Zuasola
    Grace sold shares directly for P300,000 that were worth P400,000 and had originally cost P150,000, generating a capital gain of P150,000. Mrs. Salazar purchased shares for P200,000 that she later sold for P250,000 through the stock exchange, resulting in a capital gain of P50,000. Anderson sold a vacant lot for P3,000,000 that had an assessed value of P2,800,000, generating a capital gain of P200,000.

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    Activity no.

    3 – Capital Gains Taxation

    1. Grace sold domestic shares directly to a buyer. The following relates to the sale:
    Fair market value of the shares P 400,000
    Selling price P 300,000
    Cost P 150,000

    Compute for the capital gains tax.


    a. P7,500 c. P10,000
    b. P9,925 d. P15,000

    2. Mrs. Salazar, a resident citizen, purchased 100,000 shares of SM Holdings, a domestic listed
    company. The shares were acquired at P200,000. She disposed the shares through Philippine
    Stock Exchange at a fair value of P P250,000.

    Compute for the capital gains tax.


    a. P10,000 c. P2,500
    b. P5,000 d. P0

    3. Anderson disposes a vacant lot for P3,000,000. The lot has an assessed value of P2,800,000,
    a zonal value of P3,200,000, and an appraisal value of P3,500,000.

    How much is the capital gains tax?


    a. P0 c. P192,000
    b. P180,000 d. P210,000

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