Grace sold directly to a buyer her domestic shares with fair market value of P400,000 for P300,000. She acquired the stocks at a cost of P150,000. Compute the capital gains tax. P7,500 P9,925 P15,000 22,500
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- Mr. ABC sold shares of resident foreign corporation directly to a buyer. The shaes were purchased for P200,000 and were sold at a net selling price of P420,000. Compute the capital gain tax. A. P 33.000B. P 22,000C. P 11,000D. zerohumel received cash dividends from her investment in the stocks of Jollibee foods Corporation amounting to P15,000 net of final tax. How much final tax was withheld from her dividend income? a. P0 b. P1,500 c. P1,667 d. P3,750 e. Answer not given1. Macmod sold 2,000 shares of his investment in stock eCare. The sale is made through the Philippine Stock Exchange (PSE) tor P1,000,000. How much is the percentage tax if Macmod acquired the shares of stock for P800,000 2. Macmod sold 2,000 shares of his investment in stock eCare. The sale is made through the Philippine Stock Exchange (PSE) tor P1,000,000. How much is the percentage tax if Macmod acquired the shares of stock for P800,000
- Jhumel received cash dividends from her investment in the stocks of Jollibee foods Corporation amounting to P15,000 net of final tax. How much final tax was withheld from her dividend income? a. P0 b. P1,500 c. P1,667 d. P3,750 e. Answer not givenMr. Chua sold shares of stocks of a resident foreign corporation directly to a buyer. The shares were purchased for P100,000 and were sold at a net selling price of P210,000.Compute the capital gains tax.Mr. De Vega decided to sell his 5,000 shares of stocks of ZYZ Corporation (Domestic Corporation) directly to his friend, Mr. Velasco. The par value of each share is P10.00. Compute the documentary stamp tax to be paid by the seller on the transaction. a. P250 b. P375 c. P500 d. P750
- Kara sold to Mia shares of stock of a foreign corporation at a selling price of P1,000,000 with an acquisition cost of P380,000. On the same date, Kara sold to Mia shares of stock of a domestic corporation at a selling price of P600,000, and an acquisition cost of P400,000. If Kara is a resident citizen and is a dealer in securities, and the shares were sold directly to Mia, how much is the capital gains tax due of Kara from the transaction?Ana invested P100,000 in domestic stocks. She sold them at a later date for P150,000 through the Philippine Stock Exchange. Ana is not a dealer of securities. Compute the business tax. A. zero B. P1,500 C. P90019. Mr. Bosun disposed of various stocks at a total consideration of P400,000 and paid thereon stock transactions tax of P2,000. Aggregate gains realized totaled P98,00 after the stock transaction tax. What is the capital gains tax? * а. РО b. Р 4,900 c. P 9,800 О d.P14,700
- You bought 1,000 shares of Tund Corp. stock for $90.03 per share and sold it for $60.59 per share within the same year. How will your gain or loss be treated when you file your taxes? O As a capital loss deducted from current taxable income O As a capital gain taxed at the current ordinary-income tax rate OAs a capital loss taxed at the long-term tax rate O As a capital loss deducted from taxable income in the year that the loss is realizedX owns 20% of the stocks of Y Corporation. X and Y are both domestic corporations. Y declared P120,000 dividends in 2021. How much dividend income after any applicable tax will X receive? a.P19,000 b.P18,000 c.P24,000 d.P20,000Mr. Antonio disposed his principal residence for P2M and immediately acquired a new one for P1.8M. The old residence cost Mr. Antonio P1M and had a fair market value of P2.5M on the date of sale. Compute the capital gains tax to be deposited in escrow a.0b.P60,000c.P120,000d.P150,000