Solution-What is the value to be subjected to estate tax

What is the value to be subjected to estate tax

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Reference no: EM132746653

Mr. Santos has a land which he purchased in 2011 for P500,000. At that time the land was worth P450,000. He transferred the property when it was worth P1,000,000, after which Mr Santos died when the property was worth P1,200,000.

Problem 1: Let's assume that the donation is a donation mortis cause, what is the value to be subjected to estate tax?

Reference no: EM132746653

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What is the value to be subjected to estate tax

Reference no: EM132746653

Reference no: EM132746653

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