es BRAIN DUMP ror tee oign Cm: leo fe /2Pi om asker ge eae of ote bm ng store She ut ae Caw ~Fortign Tox ceait Limit « ert » G6-10 Abad (Geto) werd = FTC may be opt to be doimed a1 dedecton instead 4 cred nt al perce Abad C1 288 ee eh carota ebtr# 183 Tw tt yet = Domesic 40 Resident ese re apt 88 casey An exe coasniion vanes te fore) Loe ren neh sng ny eee ee net Ee a weed tee bt subject id be red. ‘bork dees prey sinter ince go U84 Float Tx) or een 2 8Y aot cremied:eh = Any neea gro tare with depsony Works undr the eypanaed Any ican pon anne oe et dened aM = ividendn pei red fg Aequokion meet on {imams rn! sf oes ce) Leer rel te tory eve Neh open LSS UP fet sotren Year 1 pea Peakerenetendy riley e485 Peak * pepe st Git cee erred ot te sat oval tld, “ee the Props ben sutttes10 ABT Me some ca oon be aed WAT seer ase fe let ded eels onieg ie npelch of 14t1 rats rgr rewe ben sult Winer went afte fs Gradina, oat revere vty Se eetetinegnd Inpeed wd Hot Top cade eet M8 Isto me ie reepent nt eePaitnerstye. Co-Oumetsliys, Joint Venu PARINERSHIP WNERSHIP. Taxable Exempt Taxatle “reusiness) | Gero an cae Proper formnership Pe cine Partnership aed a 3011 Tena! SOP! toners: GFP: OF OWT set share ° OP: Finoi Tax :: GPP" tosable IncomeGENERAL, PROFESSIONAL FARTWERS LaBILITIES GENERAL CO- PARTNERSHIP GENERAL C0-PARTNERSHE egaly contemplated at coronas psd rei set fo cocoa 107 Inadus pariars art coed etc and thretor praia detributled vem by The PME ae tone or sede lve ava ingore for taxable wear, deg the cratic at Impatiens not subject te income fae ~regurad to ge rturs ofthe Ingome for he purport o ur injmoton ws ete tae cach partner i nent gan fraps ch eth porter anal freuen sodas 0 he pote ea 2 of 18 vat og ie inca ioe po sted Sal camped ne same tmamer af sogoeton fase ing oe rou 04 aco ol wheter aca 4 aps EEOEE sont fo fot om hobs nuendo ch 2 Eee dame tM Md eet sa epaN a SUS darted Jeon rbot sot RD J aed ns a roan rtrd nw seed Pert einse g W Nel fame Ta Jeers rave been otal sarerucre reed he preersin he same fasale year and sal et Birt hr nts! cfary wine tntonty nated a rt are taeg ton 13 compared ond toed te tae a oro come sf farmer in ioe mah> ss ee Ms Be SA 8 FT ne nau et Coie =f EI NRANETS = 267 tote do gorier es my ertain x acer 5 Pog ei sets nen a oe Ni Feared 10 8 9 quar ely corporat ince rn “yihag ana pane uot Te win 60 day one eg a eaee quae nid the anual 19 restate g koe fe fran by the ideusd, : GPP vs. OP W) Compute the Net share ef o Parmer, met of f0% CWT (2) Compute the Taxable Income +f the Fortner = Get Share from Gross income (Saks GOS) ‘Add with Gl from own Business # ip deduction 1s a Nemized, 61 ¢com 0 below is. Allowable, oedverions 1b. 080, Gross Sales is presented ond oD is 404, Geass Sales Cexc. Gt ro? GFP) GanCompute NIT using " Indvviduat taxpayer Graduated Tax Table” Cap Deawct TC ce. 0H: CWT from SHep 1) 0 OEY TY oF the Poriner af that Compute Tas due of OF Cao ef 10) 2) Compute Osiributabie Income of OP C71~ITO) (8) Combine distributable She of Partner we! other (ncomné Ga compute the net Shore ofa Partwer, ner af OY FTEstaler § Trusts, 7 i ; EARNERS DECEDENY nein its Indiv “4 ST BENEFICIARY {2. Corporation” | Imcorme ¢ Gross of OWT a. Pacinesshie | | Geet oes a. Estores t ass Incorn stra ob iemed Cereton sig ther is more man trust Distributed ta prejare"Corwo Trvat"coluro Allowable 0 Special Deduction . Taxable income Ive ag credits CONT? fining ox Torob Income wards Notes! More income nay for 9 month go onnuatie Caras af ONT Hf 6%) 2 eedhag Sates shold cctade non-aadcnbe er7ene8S > tatlged income may be os percentage vf NI (QI) searmtted income should came fom the income af He estat ond 80! from the dezedentS estare -attanpuie peda = 2016 BPE = £0000 ¥ AE" 15000 /deyendom, > Spectah bedi 207» 20,000 J No No 3310 for 308 enmardt FT jae we tndeidual Taxpayer Tas Table. Coheckyear)UNDER JUDICIAL SETTLEMENT GR: Subject to tncom® Tos in the Some motiner ap Individuals iis stotus is the same as the Status of the decedent prio tohis death : EX: 1) No additional personal exemgtion is allowed G2) The distribution to the itis dusing the toxcble Yeo estate incame 15 deductible from the toxabie Moms of the eSiale. Such distributed sacoms shall form pact of tho respective eles" anabia sicome When io such distribution to ane hele ts made ducing the fanovie fear thot tne income 15 subjecled to scone tf poyenens bythe estate , he subseqMett disinbyman tere FS mo longer taxable on the port of hE recipient ¢ C5¥ears 3 NOT UNDER JUDICIAL SETTLEMENT Pending the eslrajudizial settement,esher a the ff situations roy aise (9 Ifthe heirs contribute movey. property o industry 40 the estate) Ueitnnon Wf drding me pois tutenfomen tems ‘an unregistered portnerdhp iS created an) fhe ENON becomes Fiabe forth payment of CORPORATE Wea TRY (22 1p tre eles, wfo corouting money. roPey wm industry to tne state eimply diide tne Gris rere bene among themsel'5, CO-SWNERIHP IS CREATED amd INCOME TAK 1 ICO en she Tncome ceceved by ech of Hoe hers, poyanie in ‘hele Separate fond iadiad ual opaaly La yeaesyTRUSTS op TAXABLE ENTITIES (A inast the income of lis to be accumulated BA toast ia le the gidbetary may, ats Ascrehon, ener distebule accumulate she income RULES on TAXABILITY of the INCOME Af 0 TRUST > The income of he 406 for tne taxaole yeor wo to D6 Woecbuwed ee bones ror efoto ve serhinag's poyment sf Has lit om the keneicianes ng ingore of te tanh fo t6 to be accumujared a held bo {ire aan es erg ‘ordinary income rors eau of 2500 cated i he carpus She esate corput” of reeling af fetuen and payment ta» became Ane burden of Fhe ciee w vent LRREVOCAGLE TRUSTS. Chat yt compe and ax intr ~ pe an et ly, Ne Fe yet . and py yo tr Pe ES ¢ Eventhough partners’ sha tS are. sub) 1 the partnership Sl needs 48 fie 1 Fen crm ot wea ecru etn ay Las eu ener pment she ein aah nt i ica ltt Te mae ee rated net a a eee ase imate pap AERINGE BENEFIT TAX Te Final income tar onthe employee which shall be wield an Te es eer 3 FRINGE BENEFIT Crgaed ere otter wre wished arated 7 On amy ged rw og again fo bate sl. 9 ee ann yoke em) LIABLE 10 FBT ‘=r Employer Car withhsiding agent? TAX BASE of FBT. > GROSS MONETARY VALUE (6MV) ROSS Ay Arp neon reales by the employee wich Ince he net arpa af maney we money volut property wich Was een receive tne ona of Fen tert ere Sit from te empoyte ee ay tb employer for ain Eehaf tre CY 208 onward Ge ~ NRANETE (adee!A) 15 “25 Mere ase 95% 1B Tew Special Alena ma gy eer | NATURE b TREATMENT of E87 viaduct tram te eoxale ince of MF Cmelyer event RULE Mir euro osu gt eh HT chad tee flowable The artans faa eam of re omer [peEPtiN Pinta fo campurahon of FOr it we dereiann VON, Hire eae Tat onl he aetual TT pad ha comm tr aedchis pence ft empe7FRINGE BENEFITS NOT SUBJECT & FBT 4. Ip it is required o necessary 0 ine business ef employer 2. Ip it is for te convenience an advontagt eb employer 2. Fringe Benefits wle are autnoszed ¥ exempled under sfec01 laws, such as the 13!" momth pay and other Benes with the cling of 90.000 | Benepis given to the Rork-ond Fe Employes wether grantea under 0 CEA an nt 5. The Oe minimis. Benehi? UMMARY COMPUTATION «fF KINDS of BENET qonETARY VALUE FORMULA ash in valut gien byemploytr MV? GUPSFOTT Foemplyee Property ev, Zonal volue wh Assessed Value wacherer is Usufeuct deprecation Value #2 Movable ~8 ys deprecittd Immovable *20 913 Interest oregone interest rale Coane rote of 121." Tener charge by employ) PRE4. Monetized unused Vocation Leave? Credits vf private mpoyees not exceeding 10 days during the year and the monetized vole of leave ered and 4 gevtenment cial ‘and employees 2. Medical Cash Alowance to dependent? f emelajes net exceeding pase ger employee per semestt a BARS ger month ore on Ma 3: Rice subsidy of BABB {sack of 504g rite per month amounting to tel more thon Pre sciviprm ening atowans net eding RES nam §, Actual yeory medical bneA'S net exceeding o.000/onnurt «¢, toundy lowancy Mot ecteding #300/month NOTES! (a) 016 Treshold: P60 per emplayee/sem on 9 125/enin Rew Threshold: #1500 per employee sem a P c0/man® @ old Ineeshald: P1.300/ meen New Threshaid: P2000 mort (an old teeshold P ,000 formuen New threshold: P&000/ annem temployees athevement awards whith mat bein the form oho tangibs period pape ethtr han the cos git ceritte, wih ar annacl moneiry AME of nv ceeding Pre avo received by the enpf under oF tetonished erie pan we dees not derma fovor of wrplyee eMot allowances net eteeding 26%. of dally misimam ous 4, Customary gifts not exceeding 5.000 40. Yeavel aorood 1) Air fare rickets of economy A business class cescet ir Goss which 207, thereef is deemed taxable ‘antoelgecommodation fs 480/403 2) Inland Travel 1% Productivity bonus mot ceeding 10.000 provided tert ie CBRKINDS ef ASSET 1. ORDINARY -used in business (e.g. Inventory ) Gain : Port ef Grots Income :: Loss : Allow Deduct 2, CAPITAL ~ngt used in business 4a. Real Property 6%, on Fav en SP = CGT bb shores rf Stock =I57.G6t (Not traded] sted) A Tradba/ustes - PT 9. SPECIAL = factoring /sale/ assignment AIR 1. Holding Period {Imes + 100) > amas > Bot 2.04 toss disallowed v ‘only to the extent of cA gana) a. Net CA lars mayoe x carried over to next 4 axable year WASH SALES “1, Similar securities cinvestment) 2. purchased w/in 80 days 3: So1d wlin 80 doys STEPS In comPuNING NO Attribute the Sol@ w/secunfi@ Purdased CeEentY Compo 105 per transae¥on Gduaton if whin 30 d0ys {A) Mow it beyond 30.605. BUT only to the extent of gain Cit rere 15 mo. gan, A/0 +0) Patton deguthons 17 Dealer of Seourtes NOTES! Basle rubs on sale of coptol assets Gibabe op shares of stbch of 0 0 fy Nhe LEE IFO As freon rom nom Yo 0a etal wcpoyes BBG snares of stom of Oe vet tra WE sbjen 10 8t Sano persona Property Toned inthe Phils by © Re is suhEA te the ks on elaing periodInstalrnenl Welhad’ 1. Initial Bevaens does not exceed 257, of gp Cait benepiis received by seller e.g ant b Fey bortered © Mortgage) 2. Casual Sole of movabes- exceeding Hie bls -0n installment How | Jaitiat Poymeet Gog Contract Price A \NITIAL PAYMENT = PO instatieent on 1" Ye @ Excess morigage over cos! CONTRACT PRICE 1 sPO Mortgage @ Excess Mortgage ‘over Cost Note! S*xo change an formata if ordinary 0338) . Wp capital osser check Holding pened OF >RM, goin is muttipyed w/ SOT)= Benepiss given to supervisory employees wnder aCBA we a taxable fri eigen Af en ar ets ae Regt bee Riel of mar} gs 28 ehgnhes rom capa ga ena aanocng posse Tet ig ape onthe EMP? wel at sre dedi oer Bye em cece wane of tar monoers mpce obest ce enemy ng ef sn eel ie a wi 8 “Reena tenuate es Hee onan ht seta tne ete pnd oy me mreye mec ae lt mr rr ini meld a ee apreaepes ew Eee ogo Pe reese eta AEY ee ins nesptataay or errrecene) wef suhac gen, Swat wea euaetce me mle age I tet tyne may" we “Hcttamatesnabeed» EY “ete rs rete dai tee? inate ve TENS on joe veemntedGROSS INCOME. 1. Compensation 2, lncame from Business 3. Gains in dealings derives trom property 4. Interest Loans) 5. Rents (Cash) €. Royanties (outsidé) 1. Dividends Croreign top) 8. Annuities 4. Pensions 40, Prizes (¢ 10.000) 1. Partner share in GFP 1 wether legal illegal EXCLUSION brartons Calt EXCEP IH {-Proteed? of Ups Insurang? 1) yaa Compensation im kind CFB) 1 MWe 2. GPP 2. Return et remum, Copia 4 Gv cenergyzonstuction [2 Gigs cDohors 184, mative ‘Loved 3. Fomiy Rome sale #9. P income from Treaty Farcnhse new FH Ys. Compensaten arising from injury CMENTAL) einteregs on usd depost JP Ceception bos Fro) Non Residert Retirement (Boyes 10 yes Service BIR approved.onee ES Gant 88 Gat yseteran®) Ac ‘Separation Ceease from empoger) 1 DW 06-06 ier TABLE elem Rance Pounary voluntary *Resgo “Redundanof Tgetrenehmtat Teor Saving exe “ead rears (Resliay “Tossed 3 etal Wo HEMT ‘in ces of 1080} HABE totes hee ome eed Fe feta ge Ln peng wit BE aces foe) by se ts ta rel peeve” fatter Rec Fe sane (8:85 Poth tn Vecmatm time (> yo" Feet ia Eaernces rat 2 5. Goins from real property (64.661) ass rom soso Not Liste (IST. CGT Ute corn) a intereat on Bonk Depoelt = go. (15%, rig US$) a 6 Ropaties whi Phils 20 1-F Coated) 4 DornesHe: Carp idends QoL QRAWED AOL FD by. a 40. Prizes 7 4,000 C22. FI) 1 Pron’ shore in OF cot) ey Toorizes 10060 (080 ~ 1h Shore of partner trom sont verre Soin forureeDeckucténs ann Exempling. 08D wr ‘Individual : Gross Receipts ey Gross Sales B. Corporation * Gross Income ONE ¥ ordinory-usual 2. Necessary shell cog: wits) E Connected & Ferd Ferferende -Alew b copital several Asaow 5. Suuontotion oct 47 Goods 27 stewie 51 em to), Fr services 7.Reasonabie 1eet reduchion/ceina 387 of posse come (Awan) TAKES ‘ALLOW Teueiness Peer 2807 3 Tariffs & customs tomes Tax ISALLOW, evar s.Penalnes 2. Surcharges LIT ET, oF Speoal Ateessments Beeebs Energy Business Porm tor Raf GR RPT or 27 of Assesed Vo IW ayBe : Foreign IT CAC/OE world) BAO DEBTS. = writerof © recognize 80 exp Coen? = Recovery : reeogrie ta exon ayp collected LOSSES: o Copan used business alowed niyo he sn eRbgans Speci -aombioalass oanDekuchins ano Gremplins ¢ "Ni DEPLETION = method by BIR Commissioner 2.0 cost = AiLow , Benet apparent = DISALLOW : Not ¢ PENSIONS SB years) —ALLow _ Present Service 14% month V2 60st 4.50 ylo _—OlSALLOW past Sernce 8 Ys +o yer Backlog) Beto yes serace C2 of MOX 9S of Sete) CHARITABLE CONT RIBUTIONS _——AlLow —__pisaliow eila Purpose’ priory Ad NET! SH.CO 4 gc MN Taina #1 aESENS" gu ecg, Yolanda vere) * Donee "Gov Done Nad Gey Slanae visting) | Ce wD) 307. Admin ale &— NON-DEOUCTIBLE EXPENSES 1. Reloied Party -# inereat. BD Exp Lasse 4. ersonal ising Exp - 2 Cop’ exp jescept “schoo! 4 Brbes 5. Premiums gad wbereby tne employee the bené\cary= lnierertenperse mcomennon wr te tepayers suse shal he Syamaotnt squat Sito inert rere Sipeced fo noni Tor “Tebealoned .0 vad delachon, chontable Votre gannunen mutt ‘pete hg farang incor fore cartos evan Wiaucle CO¥ cae of corporaton) ie term quart-bootng ale means borowing funds fm ey ma? Persons at anyone time tough he asuanse endersement wn accepts det Fretrumense any Kina oer ran depos merwt in ggrerrnent det secs ce f0x0b “Ineo a anger tne aroion ref fat, Eamet by te ower ‘ond capil gan nthe Se Land or cmp! stort “remus pd on ony ie aro poly cng He ef ay oer we ‘ocr mes pars members of vehement ores we benny we paren 1S Bot wash aes of tox oscars soln! be deus be epi sos of et fg and en neat repre ori Dinesh o suk sod ana ep reaegured win oped beginning 80d5y¢ efor fe hat of suensoe deposin end wegjonng SO conn aoe end aren ors we 9 yen so sop iterouch cule dgpenton toss from t0nnsale) afte le devote he tapoyer 6 adeley af beciles os manne couse of hate of su a eae aie beecton $n posh foyer foemgloee win apy peng sat ded Pepeeteson rt deduction compared o he pat see cat and me pret ‘Atowable Desa for Penson before fob ir oPas4 Jc? w+ Present ‘Mowone ed's pr fern ofr TOM Ie» Prawn Autre Gru gon bssoecrd fo ieane Ia koved tn areonabl eon setae rege as 9 ears ald ena nes Seed tM Cop fr rare an 0 YEE “Mfonvemen gatuly pone bed He mtane oy ert at faced by ae cb wo he em? camo! Preece te nooner pas tore erecionwpon ne ae he rss are exempt foto ort Ona need oe decom fan aan Poe |amsbnce so mecrpares fons fr med amie mers Sah ie ePon™ tae ace ge roa eugene, auction frm gn ean ion of esa ard ose als nenaokal Se mera iy we respecte apo wssbaioos ae oe Seu “ont didens 2ebeed hy Whe gor 80 ls Act FT shaver receted bya Dt fam #0 Is amp! fem ome Sot [ore ocrgaon w trys sued 6)» FC shal bt vehodered as intonaie aes rageystrtdin ne Mf 9.0 hme cae 8 fie [A soln qc ness by tray oh te ee ge vesent f me oaueavono usy awsied w arechy connected wh the rnpoyers Wadd m basis m professor ond te a write corral bette vera oe ef na aiipaon wo era any ongir et ‘ime tno teey hare manual ares UPS, ‘Eibnance evened yan employer oT dagendents aed asa gtd bene tm poe i ne “a complie Seheme ord Senet Prog rym acuning rete oe wae Ee mast a oe resect oa eels ar Retiree See ate it anpechinee i a aes eae \etgopo etme ot ae Sec nou nso Senge nae bad ra tat narra eempon Ses ateted® | the tana fo | Atough rem su orp tose more @ pa et we semen meet Pes pe ch pe a ey eter ea wens arm ee pasar es TE AT Is et jae ef Aor pone abies t's mat of 9 pom We anscued st os pornoy “nan: Sn ot ren corer ncn Grate eehaenal at Samar alegre wey renee wan wwIN THE COURSE of TRADE w BUSINESS = regular conduct wf a Commercial ar an ecancrit, ati, Fnetudng transachiens itidectal *hereto by any person tagardleds of whe ther a1 nat the person Engaged deren FS°non-stockl non-profit organization on 304 ently uswveSs TAX 1-VAT 2, Excise Tax > 8 omer Fecetoge Tox) VATARLE TRANSACTIONS 1. Sale o§ goods 2, Sale services 3. Lanse ef property 4. Importation 1§ goods EXCISE TAX, 4: Distilled Spints 2 wines 3. Fermented Liquor 4 cigas 5 cigarettes 5. Tobacco products 7. Automall 1 twaapctured fuels ¥ other oils Ja. Minera Product? to. Non-essensia! good sb How TAXED? “Aa valorer COMED ~Spesgie cual) Jy wiio ARE LABLE Shaaouyacture® = ImporterEXEMPT EXEMPT EXEMPT ALL H-Export 1 FoodcaMF.oig ALL Export Hort eerensate | Aaipmen| i may eae «ig rcaan|- eee Zo [LEER Abroad nt |Rated trans ‘set i, tcuseet init |-Fe penile se: Heh [Stele sl eat T808) a.pacionen | trans eageueel oor Laws) 1 FA Caer Faso | egetnied [ea ure, Soma cae Nan tena aProvety | Edeourommnention ti rntyeyo rm) Oreos ome Petes Lommbs -, prommeet feg.mistonm). 6 Famers 1 atari] geetancode FAT ai SGoy feos Bending Cop aimee Son ita Pending, Pig clooe necro (etbordinen) Thee La on i konan tee : reer (Lipntaris Tet toge OD) stoned aot (foe eg ir daa ose [meena ony ALL Landed Cast) Value of impor heceasary Gost rveigh rowaret 2 wrorage Soe 1S terdare 6 conantt even) 7 toe outy ysaion) Damping hon) eater gOS = Morsing tab) “Digrmib ory casey + foes (hess Volume) Food 2 Feri Personal Howser eects fe irate essel Hn Yovo0e apstara| Ineeamants |<. suprbers Int creer mniseyoge swash AeneanValue focdeat Tor- Input 4. Substantiation Coouble Registry? 2, Purchases orate (a) for conversion > Suppi8s G3) ina ei eects & equipment Ge) aipmperty > wedi business 43. Deemed purchase (shitting? 4 Transitional Input VAT 4.Chonge fram OPT VAT 4 2re bagioning inventory a4 actual VAT * 5. Presumptive input VAT ee Srines, mackerel, Mille ,CanKing Gil, Packed Needles. Repined sugar 44". Cash Payment G. Input VAT Allocation at —o1__ Toreait——Teredit Refund ~Expens “epnvert tax ca/0 17RD yes BR Com days deen Sodays appeal A 7. Filing of vat Return sr Moninnj = 208 Component 2» quarierty = 25" cumutabe® {OTE Filing of HR. VAT Retr SemUltaNEOUSYNG VAT- EXEMPT TRANS (ac8<5") = 37 on GR N7 LAND COMMON CARRIERS PHY Karson Ardinoy OL faraSa oi HP ie ry nol he (n-AT tspayer 5 xemy fom payee l oat kroferl intemal ees toner con jut ak fore ond “fi i =| “Frau of oy person to roger bes YAeny shat tut 4 ni eingYempoany clear trans en ny i gh ean whctevtsrequremerke qrts/be hy ie Cmissone nthe cesure see “Nye period fo Feuer a0 8 Vatenty wh the pyre ROL chal be win 0 Aoye fram sedate eget Tine itn goes nye ut even i ere iene atuale the gnds War 9 poporiona tat Byron oe of ot w bse tage ee ‘prom renders sects and en pean who pore gon ae te» REE nl ay wore i Teewh i tandeel by proton tuch 24 cP Piso nd logget 07. Vat cArehregered peeks erase sae 8 rot od We Heo Me ft EAN gy mgneed pen mt eer a ok ted Wo hes WH empConcept of Estate Tax SUCCESSION NATURE of SUCCESSION = mode of acquisition of POP tights ™ gatutout transmission, ‘and obligations by wrtue of another Sono ton used by dea” person's death eenatan mots coa60) opigation fo the een! op intoitone ELEMENTS of SUCCESSION INHERITANCE 1. Decedent -diea/testaror propo his oxyed 1 grate eran ae one aves TYPES of SUCCESSION er mpalaery to Wane Testament EGakdatory toe teepvte ‘Aegon na ded wicard' 4 Types ef COMPULSORY HEIR, Troe tt nent dee 2. Inestote/ Legal -mio water wh fa wil bul on invalid oné 3, Mixed Witt, gm och whereyy the person is perouited wruete pormaliespreseribed by 1 to contol to 0 cerlon Gegrtt in #2 dioposton of etal, {Holographic -eniey we 2,SecondOry-Hgitegt prrertsdt S Concurring survicing spouse ® hegit Sessbadonts In abrence op en, ase whoskall Ikan oder pron "Gated les p op carnage a bilppitegoeetner! nb *8 eign cous - EERE SO torial -notarized signed by deceden" ag inherdance el aa ay te | BENRSupplementfaditon to will G : = portion restr Compulsory e OTHER PERSONS im SUCCESSION. 1. Legale -inherss personal grep Py will 2. Devisee “inherits real prop Py will 4 Executor named by deccdem fo Cony ot wil 4, Administrotors -apponted by court to ‘manage este ESTATE TAXATION, taxation of the gratatous transfer of properti2e of dezedent fo the heirs = Natur NExCIse ta on the prvege 1 ronsfer 4 Revenue [General Tox 3, Ad Valorem Tax dependent upon esate 4. National Tax imposes by ra" gov't 5 Pro 7 Satin bate moo Goss ESTATE fotity of properties owned ly We decedent al the poirt of hi death DEDUCTIONS “reduchon (m inheritance of heirs NET TAYAGLE ESTATE Tnetipropenties of decedent over al rertinent deductions ollowoble by ‘Ow ros