Reference no: EM132713520

Question - A nonresident alien, married, died on September 2018. He left the following:

Conjugal properties, Philippines, 5,000,000

Exclusive properties, Philippines, 2,000,000

Conjugal properties, USA, 10,000,000

Exclusive properties, USA, 5,000,000

The following deductions were claimed:

Actual funeral expenses, 1,250,000

Judicial expenses, 800,000

Claims against the estate, 1,725,000

Transfer for Public Use, 200,000

Medical expense, 875,000

Included in the Philippines gross estate (conjugal) were the following:

Domestic shares, 500,000

Share in a partnership, 1,000,000

Other tangible personal properties, 3,500,000

The Philippine exclusive properties were all tangible personal properties. These included a car, which was inherited 3 ½ years before the present decedent's death, and had a fair market value of 500,000.

Required - Determine the following:

1. Determine the Exclusive Property of the Decedent.

2. Determine the Community Property.

3. Determine the Taxable Net Estate.

4. Determine the Estate Tax Due.