Mr. Wakana, a resident Japanese decedent, deed with the following properties: A house and lot in Japan P2,000,000 Bank deposit in the Philippines 600,000 A car in the Philippines 1,000,000 A residential lot in the USA 1,500,000 Compute the amount to be included in gross estate.

X, Non-resident alien, died in 2022, left the following properties: Land in Italy (with P1 million unpaid mortgage), P2,000,000 Land in Laguna, Philippines, with Cost of P500,000 and Zonal Value of P900,000 Bank deposits in USA, P80,000 Receivable from debtor living in USA; P70,000 Shares of stocks of PLDT, Philippines, P90,000 Other personal properties in manila at cost P100,000 (Fair Market Value is P120,000) Shares of stocks of foreign corporation, 75% of business in Philippines; P400,000 What is the gross estate?

The net taxable estate of the nonresident alien shall be? (SEE THE PHOTO ATTACHED)

what's the answer to question b?

A resident Chinese national died and left assets in China valued at P80 million and in the Philippines valued at P20 million. For Philippine estate tax purposes the share of his surviving spouse in their conjugal partnership amounted to P15 million. The gross estate for Philippine estate tax purposes is?   Please show quick solution. Thank you.

Please show your solution or explaination. Thank youuu!!Subject: Estate taxation

Pedro Penduco, decedent, died leaving the following properties and rights: Cash on hand and in banks (half to be given to a social welfare institution as per will) P1,500,000Land in Masbate Province            Assessed value per city assessment  100,000            Zonal value per BIR                            500,000Land in Bali, Indonesia, fair market value      450,000Car, Philippines (mortgage at P100,000)       400,000Receivable from brother (fully collectible)       50,000Receivable from insolvent uncle                     20,000Receivable under accident insurance for accident a year before death 80,000Receivable under property insurance for damaged caused to his car 15,000Receivable under life insurance, mother was designated as irrevocable beneficiary 700,000Receivable under life insurance, administrator was designated as irrevocable beneficiary 500,000Receivable under group life insurance, taken by the decedent’s employer 300,000Rent income on property in Bali, Indonesia that…

Juliet, a Filipina made the following donations. a. To Nick, a land worth P450,000 in Manila. b. To Rosalee, jewelry worth P100,000 in Japan. c. To Adalind, PLDT shares amounting to P150,000, d. To Renard, a building in Italy P I,600,000 mortgaged for P 50,000 assumed by the donee. e. To Drew, land in Davao worth P300,000. f. P300,000 cash, PNB New York to Hank g. P200,000 receivable,50% condoned by Juliet She has also transferred the following properties:   Selling Price  FMV Car, Makati P200,000 P300,000 Car, Malaysia 300,000 200,000 Rest House, Tagaytay 1,000,000 2,000,000 Rest House, Malaysia 1,500,000 2,500,000   1. How much is the gross gift? a. P5,200,000 c. P4,100,000 b. P4,200,000 d. P3,200,000   2. If she is a non-resident Alien, her gross gift is: a. P3,200,000 c. PI, 100,000 b. P I,200,000 d. P850,000   3. If she is a non-resident alien, and there is reciprocity law, her gross gift is:  a. P850,000 c. P I,050,000 b. P950,000 d. P700,000

Problem 2 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: Exclusive Property of the Decedent Community Property Taxable Net Estate Estate Tax Due

Zandro has the following items of income earned during the taxable year: Income earned in the Philippines- 1,000,000 Income earned in the USA - Income earned in Japan - 500,000 300,000 Compute for the taxable income and tax due if; 1. Zandro is resident citizen; 2. Zandro is non-resident citizen; 3. Zandro is resident alien; 4. Zandro is non-resident alien. Show your solution and/or explanation. Use graduated income tax table.