Question
A non-resident alien decedent died. The following data were made available by the administrator of the estate: 1 Real property, Philippines Property 2 Land
A non-resident alien decedent died. The following data were made available by the administrator of the estate: 1 Real property, Philippines Property 2 Land and building, USA 3 Car, Philippines Shares of stock in Philippine corporation, certificates are kept in a foreign 4 bank Cash dividend on shares of stock in Philippines corporation that accrued before death 5 6 Shares of stock in a foreign corporation Shares of stock in a foreign corporation (85% of its business in the Philippines) 7 8 Savings bank deposit, Philippines How much is the Philippine gross estate? Amount 3,000,00 5,000,00 800,000 500,000 50,000 100,000 200,000 150,000
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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