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1. Mr. Dionisio sold domestic stocks directly to a buyer at a mark-up on cost P200,000. He paid P5,000 broker's commission and P8,000 documentary stami

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1. Mr. Dionisio sold domestic stocks directly to a buyer at a mark-up on cost P200,000. He paid P5,000 broker's commission and P8,000 documentary stami tax on the sale. Compute the capital gains tax. a. P28,050 c. P 14,200 b. P 14,500 d. P 13,700 2. Mr. Abdul, a non-resident alien, sold domestic stocks directly to a buyer at a net gain of P 70,000. Compute the capital gains tax. a. P10,500 c. P 4,000 b. P6,000 d. P 3,500 3. Mr. Panay, a non-resident citizen, sold domestic stock rights directly to a buyer at a net gain of P 320,000. Compute the capital gains tax. a. P30,000 C. P 27,000 b. P25,000 d. P 48,000 4. Mr. Digos sold shares 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. a. P15,000 c. P 5,500 b. P 11,000 d. Po 5. Grace sold domestic shares directly to buyer. The following relates to the sale: Fair market value of shares P 400,000 300,000 150,000 Selling price Cost Compute the capital gains tax a. P7,500 b. P9,925 d. P 22,500 CP 15,000

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