0 TAX 112 SEC A B X El Final Exam X G Ben Door supplie X I @ Questionnaires E X I A (DOC) BUSINESS X I Direct Tax Definit X I Free

Direct Tax Definit X I Free Online OCR X I + 0 x

idocs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •

• 1 point

I. Statement 1: Any person who retires from business or whose VAT

registration has been cancelled, with due notice to the BIR shall file a
quarteny return and pay lhe tax due thereon within 25 days from the end of
lhe month when the business ceases to operate or when VAT registration
has been cancelled.

Statement 2: Individuals engaged in business where gross sales or receipts do not exceed P100,000 during any 12-month period are
required to register but will not be made to pay the registration fee of PSOO.
A.
e. True, True c. False,Tru
True, False D. e
False.
False
0 A

0 B

0 c

0 D

• 1 point

•P
0

Which of the following should not appear in the VAT invoice or official

II Type here to 0 -·i W • r.-1

.&;I.
Iii <;"\ w- tl!D
&....
32•c Rain
showers
A 'X
c:J>l1
'hJ ENG
5:14 PM
31107120
21
l"'I
..-2

search
0 (1) TAX 112 SEC A BU X El FinalExam X G Statement 1:Any pers
X I U PREUMS.pdf - PRELit, X I Questionnaires BSA S X I t!) Free Online OCR - co X I + 0 x
i docs.google.com/forms/d/e/1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zs RjOu i-amZ_v... * •
•
Q o

• 1 point

9.Which of the following should not appear in the VAT invoice or

official receipt?
A. Totai amount which the purchaser pays or is obligated to pay.
B. VAT registration number of the seller.
c. A statement that the buyer is a VAT registered person.
D. The amount of VAT shown separately in the invoice or official receipt.

0 A

0 B

0 c

0 D

• 1 point

-
-
•P
.S. Which is false i,n the filing of VAT retum and payment of tax? _ '
A Monthly VAT ·declaration: Not later than 20., day f l ng- e 8fld or

II Type here to search-· .&;I. - &....

32•c Rain
tl!D
showers
0
r.-1
=. • ... •• • • ••

i W
Iii <;"\
.\ A
ENG
'X 'hJ
l"'I<l>l1
 5:23PM
3110712021 2 ,.
 0 Facebook X El FinalExam X G which of the following shou d nc X I t!) Free Online OCR • convert PDF t X I + 0 x
-7 C idocs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *••
• 1 point

. -
5. Which is false illthe filing of VAT retum and payment of tax? _ '
A Monthly VAT ·declaration: Not later than 20., ng- e end
day fl
each month or" '· Ih·
B. Quarter1y VAT return: Not later ltlan 25.,day following t taxable quarter. , • he
clbse
C. Beginning January 1, 2023, the filing and payment shall be done
25 days following th.a close of ea taxable quarter.
o. Beginning January 1. 2023,the fihno antdh payment shall be done Wi"*i
' 25 days following the close of each mon .
.. -
Q A
0 B

0 c

0 D

1 point

7. Whi(;l:i statemef')t fs false? If a non-VAT registered peron issues aninm

or receipt showing his TIN, followed by the word "VAT", the e
issuance shall
-
IIP
'----
-· W .&;I. 5:28PM
Type here to 0 i • r.-1 · ltill <;"\ w- tl!D
&....
32•c Rain A 'X 'hJ ,
<l>l1 ENG l""I
,.. 2
3110712021
showers
search
 0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR - convert p· X I !) Convert JPG to WORD onlin• X I + 0 x
7 C i docs.google.com/forms/d/e/1FA lpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v ... *• •
1 point

7. Whici:i statemet')t s false? If .a non-VAT registered peron issues an

inm or receipt showing his TIN, followed by the word "VAT", the
e
issuance shall
A. beliable to percentage tax applicable to his transactions.., :':.
8. be subject the seller to VAT due on the transaction and be entilled t
input tax credit.
C. make the seller liable to a 50% surcharge. r.
D. ent tle th purchaser to an input tax credit.
' '
.
I '

Q A
Q B
Q c
Q o

• 1 point

2.Excel Company operates two lines of business. Business A Is subject to

VAT, wtitle Business B is npt. Data for the month are as follows: .
•

IIP Type here to Q

-
j m ""' - ii <;"\ W- Jl'l-".l th 32°( A "'- 'hJ c:J>)) ENG 3 ;:zl

search
 0 Edmark messaged L t 115 se X El FinalExam X G which of the following shou X I Free Online OCR - convert p· X I !) Convert JPG to WORD onlin• X I + 0 x
idocs.google.com/forms/d/e/ 1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *••
1 point

2.Excel Company operates two lines of business. Business A Is subject to

VAT, wtitle Business B is nfl. Data for th month are as follows: .
'

Sales-
VAT business, VAT inciuded p 560,000
Non-VAT business 100,000
Purchases -
Merchandise,VAT business,VAT 154,000
included Merchandise,Non-VAT business 67.100
Capital goods, VAT business, VAT induded 34,776
Capital goods, Non-VAT business · · 27,500
Capital goods, for use in both business. VAT 56,000
included Rent of store space, VAT business,V/'.T 14,560
included
Rent of warehouse,VAT & Non-VAT business, VAT 6.200
excluded
2,576
Freight of goods,VAT & Non-VAT business, VAT
included Telephone and broadband bills, VAT and Non-
1,624
VAT
VAT inciuded '- '

The input tax on Business A is -

A. p 27,781 c. p
B. 23,747 D. 23,267
18,875

Q
A
Q
B
IIP Type here to
Q c
search Q o
 0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR - convert p· X I !) Convert JPG to WORD onlin• X I + 0 x
7 C i docs.google.com/forms/d/e/1FA lpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v ... *• •
new businessman consulted you relative to the filing of tax return and
payment of his business tax. The business is VAT registered although he is expecting to earn an annual gross receipts ranging from P900
What business tax should be paid by him?
When is the deadline for filing the tax return for the month of May?
When is the deadline for the payment of the business tax for the month
of June (or second quarter)?·
Which of the following choices would be the correct advice?

Question 1 Question 2 Question 3

AVAT June 20 July 25'
B.VAT June 25 July 25
June 20
c.Non-VAT June 20
Juty 25
July 20
D.Non-VAT

0 A

0 B

0 c

0 D

1 point

IIP m ""' -
. • .;1 • •I • • • I• :• :: • • • • eI e I ; I e ..• • I

Type here to Q j
ii <;"\ W- Jl'l-".l th 32°( A ,,,_ 'hJ ((>)) ENG 3 ;:zl
search
 0 Edmark messaged L t 115 se X El FinalExam X G which of the following

shou X I Free Online OCR - convert p· X I !) Convert JPG to WORD onlin• X I+ 0 x

-7 C i docs.google.com/forms/d/e/ 1FAlpQLSfQHzK1BqBgdhDyTi SooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoH kQn6JuqS1_ElhkMyu063zsRjOu i-amZ_v ... *• •
r_ A manufacturer purchased .the following capital goods on different occasions:
Item No.
1
Date of Purchase ·Acquisition Useful
2 Cost January 2018 P Life
3
2,000,000 10 years
January 2019 1,500,000 4 years
4
January 2020 . 2,500,000 5 years
January 2022 1,200,000 3 years·
Which statement is false?
A Input tax on purchase of Item 1 shall be amortized until December 2022
only_
B. Input tax cin purchase of Item' 2 shall be amortized until December 2022
only.
C. Input tax on purchase of Item 3 shall .be amortized until December
2024.
D. Input tax on purchase of Item 4 shall be amortized until DecembBf 2024
only.

Q A
Q B
Q c
Q o

(.6\ Screenshot ,.., I Show all x

(177).... docxKB

IIP
57.1/57.1

Type here to

search
 0 Edmark messaged Lit 115 se X El Final Exam X G which of the following shou X I Free Online OCR ·convert P X I Di Convert JPG to WOR D onlin• X I + 0 x
C idocs.google.com/forms/d/e/ 1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
• 1 point

f Input VAT on capital .goods purcnased shall only be

6.The amortizatlon O
allowed if the purchase is made
A before December 31, 2021.· ·
B. not later than December 31, 2021.
C. after December 31,2021.
D. effective January 1, 2021.

Q A
Q B
Q c
Q o

• 1 point

· · rrect
- One of the following statements t s
mco .
• a. Imported goods which are subject to excisetax are no 1onger
subject to VAT ·. • • •.... Q11ren11 of Customs befo.,.
 0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR·convert p· X I !) Convert JPG to WORD onlin• X I+ 0 x
7 C i docs.google.com/forms/d/e/1FA lpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
1point

· · orrec t
- One of the following statements t s m e .
a. Imported goods which are subject to excisetax are no 1onger
subject to VAT ·
b. VAT on importation is paid to the Bureu of Cusdtoms ?
efore the i.mported goods are re leaseel firom its custo y
c. E xpenses .incurre d after the goods are released
. th VAT
from
Customs custody are disregarded in computing e on
importation . .
d. When a person who enjoys a tax-exerr.i tin on hts
importation subsequently sells in the Ph1h pp mes such
imported articles to a non-exempt person , the purchaser-·
non-xempt person shall pay the VAT on such importation

Q A
Q B
Q c
Q o
(.6\ Screenshot (177).. .docx ,.., I

IIP
57.1/57.1 KB

Type here to

search
 Show all X

IIP
57.1/57.1 KB

Type here to

search
 0 Edmark messaged Lit 115 se X El Final Exam X G which of the following shou X I Free Online OCR - convert P X I Di Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
t::I HcAfee'" IWebAdvisor We're scanning your download just to be safe. • (/> Sca nning..
• 1 point

supe(bank has the fotlowin°Q income / loss for the fi (1"'> and second (2nd)
, quarters: · ·
2"" Q
lnteresi income maturity ofless than 5 p 50,000 P100,00
years Rentals 50,000 0
Net trading 9i.n/loss (10,00 50,000
0) 20,000
The gross reqeipts taxes payable for 1st and 2nd quarters, respectively-
A p 5,000;P 8,500 C P 6,000; P
B. 6,000; 9,900 . 0.. 9,200
5,300;
9,200

Q
A IIP
Q
Type here to
B
Q c search

Q o

• • 1

point

@ Screenshot (177)....docx "' I

Show all x
0 Edmark messaged Lit 115 se X El Final Exam X G which of the following shou X I Free Online OCR - convert P X I Di Convert JPG to WORD onlin• X I + 0 x
idocs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *••

• 1 point

M offering of shares to the investing public subsequent to an lnilial

Public Offering
A. Secondary offering
B. Primary offering
C. Follow-on/follow-through offering
D. Follow-up offering

Q A
Q B
Q c
Q o

• 1 point

• Screenshot (177)....docx ,..,

Madul ag I nsurance Company had the following data on -collections of
_.....mg and disbursements durina the a
Show all x

IIP Type here to search

0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR ·convert P X I Di Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTi SooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
• 1point

Madulag Insurance Company had the following data on -collections of

.,- " • .·
.
premiums and disb ,ur se m ents during t h e quarter:
. . .
Life i nsurance
.. .
Non-life
Cash collections P 150,000 insurance
Checks 45 ,000 p 145,700
Accounts receivable 25 200 34,600
Payments of expenses to VAT businesss 58,900
Payments of expenses to non-VAT 43,000
businesses 35,000
The amounts indicated pertaining to VAT transactions do not
include the value-added tax. · · . · .
.. · ·-
48. Th.e perce. nta.ge ta_x, d.ue.is·-.
'. . '•
A. PB,000 c. p 11,010
B. 3,900 D. None

0 A

0 B

0 c

0 D

• Screenshot (177)....docx ,.., I Show all x

IIP Type here to search

0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR·convert p· X I !) Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/ e/1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoHkQn6JuqS1_ElhkMyu063zsRjOui-amZ_v... *•
•
RSL Lines owns buses and ships engaged in the carriage of
passengers and cargoes trom Catanduanes to Marnia,vice versa
From tile port of Virac to the port of Tabaco City, the passengers are
transported by ship and from the port of Tabaco City to Manila. the
passengers are
lransported by its buses. Single trip bcket per passenger costs
Pl,200 although the bus fare costs P900. Some passengers.however,
tra\181 orl'I from Manila to Tabaco. vice-versa, while some
passengers ere taking orly
the Tabaco-Virac trip, vice-versa.
During the first quarter of 2020,lhe following are the data on
tran&PQ1 fares:
Complete trip:
Manila to Vlrac P3,650,
Virac lo Manila 000
4,150.
Incomplete ttip:
Virac lo Tabaco City (Including 130,
Tabac:o City to Vlfac (including 90.
000
cargoes) 000

Tabaco.clty to Manli a ... 45,000,

Marilla to Tabaco City 65,000
During the uarter, of the buses was bumped by another b
owned by Tulak Lines and paid RSL Lines P20 000 for ..._ d us
· • ""' amage done.
" The percentage tax due on-RSL Une is:
A P 273,300
B, 178,800 c. p 243.900
D. None

Q A
B

Screenshot (177)....docx "' Show all x

IIP Type here to search

 0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR·convert p· X I !) Convert JPG to WORD onlin• X I + 0 x
7 C i docs.google.com/forms/d/e/1FA lpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
. .. . ·-·
, Sako Na Transportation Companyis a hold_er f,a franctuse to perate ve
.
·· · buses (seating capacity 1s 44 passengers) 1n the Bicoi
{5) units of passenger as station
8
which is used exclusively to load its
buses Rg10. I\ also owns g ra e with service shop exclusively toits
O\lolll buses
althoug
with n ve
d1eshelfuelsry.ara ea1 taces it is accepting
f 11 • repair jobs from outsiders.
. quarter of the year, it hd the ross receipts·
·During the last o OWtng g . .
. . p 280,000
From the buses · . ..
.From the gas station (in loading its own b_uses) 300,000
Fromthe garage for repair jobs from outsiders 12,000
How much is the common carrier's tax payable?
A p 17,760 C. P187,
· . 8,400 D. ,
B

Q A
Q B
Q c
Q o

• 1point

IIP Type here to

search
 Screenshot (177)....docx "' I Show all x

IIP Type here to

search
 0 Edmark messaged Lit 115 se
C idocs.google.com/forms/d/e/ 1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6JuqS1_ElhkMyu063zsRjOu i-amZ_v...
• 5. One of the following is incorrect:
Screenshot (177)....docx
X El Final Exam X G which of the following shou X I Free Online OCR ·convert P X I Di Convert JPG to WOR D onlin• X I + 0 x
*• •
!. Which statement is wrong; · I d d ·
a. anus. ngnmst. mso. ve nt ,erson should be me u c m the
gross estate even if 1uncollcctible.
Cl 1 _ .
b. Tran sfers passing under special power of appointment 1s
excluded from the gross state.
c. Revocable transfers are includible whether or not the right
to revoke is exercised.
d. Transfer in contemplation of death for adequate and full
consideration is still includible in the gross estate.
Q A
Q B
Q c
Q o
• 1 point
- _ _ .,._.., •• V16 .....U•
,.., I Show all X
0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR ·convert P X I Di Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/ e/1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoHkQn6 JuqS1_El hkMyu063zsRjOu i-amZ_v... *• •
- _ _ .,._.., •• V16 .....U•

5. One of the following is incorrect:

a. Taxes to be deductible must accrue before the decedet's death.
b. Losses must occur also before thedecedent'sdeath to be dcductibl.
c. Standard Ded uction is 1 ,000.000.
d. Transfer for publ ic purposes to be deducted must be niorti
causa in character.
Q A
Q B
Q c
Q o

• 1point

•
""'
t.etoind 19 M«.Mh. Tht
"
Thc l w» atlle _, Fl y, ol lhe u-{)a4 (J'I

Screenshot
(177).. .docx "' I Show all x
 0 (1) Facebook X El Final Exam x G which of the following shou X I Free Online OCR - convert P X I Di Convert JPG to WOR D onlin• X I + 0 x
i docs.google.com/forms/d/ e/1FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbclid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zs RjOu i-amZ_v... *
•
• 1point

""'
"
Thc l w» atlle _, Fl y, ol lhe u-{)a4 (J'I t.etoind 19 M«.Mh. Tht

: i0$SCS.ll'ldeblldness. dl,dl-g l"llt u!1'G.d ?12,((l(l.000

ibl)'.ltbU!ifdldn "'-11'11llrml n$C$ol P3.0CD,0003t'ld tl"l9dicrli
c1peMe:Scf P6,000,o()O)
Tran l!tbttieGcwemmitnt,kt:\Jcled
fttn'Jylloee \'il)

Q A
Q B
Q c
Q o

• 1point

• """'••' •menseis allowed as a deduction from l he gross estati;, of a decedent who di ed prior to

Screenshot (177)....docx Show all x

IIP Type here to search

 0 Edmark messaged Lit 115 se X El Final Exam X G which of the following shou X I Free Online OCR - convert P X I Di Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoH kQn6JuqS1_ElhkMyu063zsRjOu i-amZ_v... *• •
• 1 point

. 11 ed as a deduction from lhe gross estate of a decedent who died prior to

Medical xpense IS : Law. Which of the followingis correct?
the lfecvi e":ctual ainounl of medical expenses incurred 1s P300,000, then only P300,000
· shall be a'lowed as deduction and not to lM extent of the.P500.000
thresholdamounl tf the actual amount of medical exnses incurred within tile
year pnor lo decedenrs
II. death is P700,000, only the maximum amount of P500,000 shall a1!01ed as
deduction. If in case the excess of P200,000 (P700,000 - P500,000) 1s sbll
unpaid, such amount shall be deducted from the gross estate as claims against the
estale".
a. Ionly c. Iand II
b.IIonly d. None of the above

Q A
Q B
Q c
Q o

• 1 point

I
•
Screenshot (177)....docx ,..,

15, 2018, leaving

!. BonHacio, head of family died on the foltowing
January properties and

IIP Type here to

search
 Show all x

IIP Type here to

search
0 Edmark messaged L t 115 se X El FinalExam X G which of the following

shou X I Free Online OCR - convert p· X I !) Convert JPG to WORD onlin• X I + 0 x

idocs.google.com/forms/d/e/1FAlpQLSfQHzK1BqBgdhDyTi SooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_ElhkMyu063zsRjOu i-amZ_v... * ••
• 1 point

15, 2018, leaving the folloWing properties and

!. BonHacio, head of family die<l on
January obligations:
. to Nad Govt'SO-% to fl3,000,000
O.C.gov't CashIn bank, 50%, donated mort1s causa • 15,000,000
Hoose and rotin 15,000,000
Makati,F.Home 8,250,000
Personalproperties 2,250,000
Farm lot 15,000.000
Claim against an insolvent debtor . 750.000
Transfer in contemplation of death
(gralu1tous) 5,750,000
Transfer pas.sing under special power of appointment 675,000
DEDUCTIONS CLAIMED: 1,500,000
Funeral expenses 750,000
Judicial expenses . nt 2,250.000
Donation mortis causa to Quezon City
govemme
Unpaid mortgage on lhe farm lot ·ncurred within the
1 Medicalexpenses (included in lhe funeralexpenses '
year period wilh receipts) _ then of
I his dealh with a
value The farm tot was inherited 5 y, years by the decedent be ore
PS,750,000 and a mortgageindebtedness of P1,SOO.OOO.

The taxable net estate is:

a. P26,720,000 c. P41,500.000
d. P50.500,000
b. P37,500,000

Q A
 Q B
Screenshot (177)....docx "' I Show all x
 0 (1) Facebook X El Final Exam X G which of the following shou X I Free Online OCR - convert P X I Di Convert JPG to WORD onlin• X I + 0 x
i docs.google.com/forms/d/e/1 FAlpQLSfQHzK1BqBgdhDyTiSooiT2QGr4QmiZi4vG9rZFzl65YhR7g/viewform?fbc lid=lwAR2mBzoFzBHoHkQn6 JuqS1_El hkMyu063zsRjOu i-amZ_v... *• •
• 1point

A citizen-decedent diedln 2018with the following data:

Philippines USA
Gross Estate P14,200,000 P4,400,000
Allowable Deductions 6,400,000 2,200,000
(excludingstandard
deduction) Eslate tax paid 150,000

190.How much is the estate lax payablein the Ph'lippines assuming the decedent Is a non-resident
citizen?
a. c. P168,000
P132,000 d. P300,000
b.
P150,000

Q A
Q B
Q c
Q o

• 1point

• 1. How much i s lhe estate tax pay;;ble i n the Ph i ppi nes assuming the decedent i s a non-resident

Screenshot (177)....docx ,.., Show all x

IIP Type here to search