Compute for the capital gains tax

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Question - A resident citizen taxpayer sold share of stock of a domestic corporation though the local stock exchange at its fair market value amounting to P550,000. Cost of the shares sold is P300,000. Compute for the capital gains tax.

Reference no: EM133155111

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Compute for the capital gains tax : The local stock exchange at its fair market value amounting to P550,000. Cost of the shares sold is P300,000. Compute for the capital gains tax
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