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

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1. Mr. Dionisio sold domestic stocks directly to a buyer at a mark-up on cost of P200,000. He paid P5,000 broker's commission and P8,000 documentary stamp tax on the sale. Compute the capital gains tax. a. P28,050 c. P 14,200 b. P 14,500 d. P 13,700

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