Question
1. On December 31, 2021, Rappler sold his unused lot with a cost and fair value of P300,000 and P400,000 respectively. The buyer agreed to
1. On December 31, 2021, Rappler sold his unused lot with a cost and fair value of P300,000 and P400,000 respectively. The buyer agreed to pay P60,000 annually starting December 31, 2021. How much is the capital gains tax due on the said transaction?
2. Tina has won P10,000 from PCSO Lotto Draws. What is the final tax due on the said winning?
3. Angkol disposed his shares of stocks not actively traded in the Philippines Stock Exchange with net proceeds of P50,000. The corresponding broker’s commission and DST paid totaled P5,000. Angkol was able to acquire the said shares at P40,000. The capital gains tax due is.
4. Tina has won P10,000 from PCSO Lotto Draws. What is the final tax due on the said winning?
5. Tina Corporation has won P10,000 from a mall raffle draw. What is the final tax due on the said winning?
6. Bombo sold domestic stocks with a total par value of P500,000 for P1,000,000. The stocks has a fair value of P1,200,000. How much is the DST due on the said transaction?
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