1.

The gross estate of resident or citizen decedents does not include

a. Properties located abroad
b. Properties located in the Philippines
c. Intangible personal property located abroad
d. Properties not owned
2. Gross estate means
a. Properties whether or not owned by the decedent, existing at the
point of death
b. Properties owned by the decedent at the point of death
c. Present properties in the possession of the decedent at the point of
death
d. Any of these
3. As a rule, all decedents are taxable on world estate, except
a. Non-resident alien
b. Non-resident citizen
c. Resident alien
Non-residents
4. Taxes imposed to restrain luxury
a. Sin tax
b. Sumptuary tax
c. Green tax
d. Vanity tax
B

5. Which could not be considered a green tax?

a. Tax imposed upon mineral products
b. Tax imposed upon petroleum products
c. Tax imposed upon jewelry
d. Tax imposed upon quarry materials
C