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1. COMPUTE FOR THE ESTATE TAX PAYABLE, IF ANY. 2. SOLUTION 3. BASED ON PHILIPPINE TAXING LAWS. Relevant information: Juan Reyes Dela Cruz, single and

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1. COMPUTE FOR THE ESTATE TAX PAYABLE, IF ANY.

2. SOLUTION

3. BASED ON PHILIPPINE TAXING LAWS.

Relevant information: Juan Reyes Dela Cruz, single and a Filipino citizen, died on February 14, 2020. At the time of his death, he resides in N. Reyes St., Sampaloc, Manila. In filing his estate tax return, the BIR RDO No. 032 - Manila assigned Taxpayer Identification No. 123- 456-789-0000 to his estate. On the other hand, YOU, as the administrator of his estate was given TIN no. 987-654-321-0000. The following are the composition of his estate: 1. Lot 2. House and Lot (Family home) 3. Cash (Bank of Macabebe - Account No. 14344) - Php 2,000,000.00 Lot 001 11-01 Additional information: Details Title No. Tax Declaration No. - Land Tax Declaration No. - House Location Area Classification House and Lot 002 11-02 11-03 N. Reyes St, Manila 100sqm Residential San Isidro, Macabebe, Pampanga 100 sqm Agricultural Details Lot in Pampanga Lot in Manila House Zonal Value Php 3,000,000.00 Php 3,000,000.00 Assessed Value Php 1,000,000.00 Php 2,000,000.00 Php 2,000,000.00

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