What the net taxable estate

Assignment Help Accounting Basics
Reference no: EM132888046

Question - Property inherited 3 ½ years ago and before the marriage with

A fair market value then of P1,500,000 - P2,000,000

Property acquired with own money - P6,000,000

Other Property - P2,000,000

Deductions (except standard deduction) - P1,000,000

1: What the Net taxable estate if the spouses were under the absolute community of property?

2: What the Net taxable estate if the spouses were under the conjugal partnership of gains?

Reference no: EM132888046

Questions Cloud

How should growing minds select the best candidates : 1. How can Growing Minds attract the best applicants for jobs at its new retail outlets? On what groups, if any, should be company's recruiting effort focus?
Calculate the exact optimal level of labor to be used : Thayer Corporation is a mayor defense contractor, producing artillery shells for the Marine Corps landing craft. A recent study of production over past year sho
Are there any ethical issues involved in situation : Are there any ethical issues involved in this situation? If so, what are they?
Step approach to the coaching discussion : Using Fournies five (5) step approach to the coaching discussion, show how you would go about the coaching discussion with this employee.
What the net taxable estate : Deductions (except standard deduction) - P1,000,000. What the Net taxable estate if the spouses were under the absolute community of property
What type of organizational structure would you recommend : Sinha is a senior employee of S & S Law Firm having its head office at Delhi and branches at all major cities in the country. The managing partner of the fi
Momentum towards achieving the fall 2015 goal : What implications does a yes or no vote have for Conboy as a leader in the organization? If a yes vote, what should she do to maintain the momentum towards achi
Discuss the role of hrm in minimizing potential conflicts : Several merger and acquisition strategies fail due to potential conflicts arising from integrating two previously independent organizations into a completely ne
Build a new call center to handle customer service : You are the HR Manager for a cable company that has recently decided to build a new call center to handle customer service issues.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd