An American residing in Japan died leaving net properties of P4,000,000 2 points in the Philippines and P26,000,000 abroad. He paid P1,300,000 estate tax abroad. Compute the estate tax payable in the Philippines. Your answer Compute the deductible losses from gross estate. 2 points The following losses of properties occurred during the settlement of the estate of Mrs. Namaalam: Losses of separate properties of Mr. Namaalam P60,000 Losses of common properties 40,000 Losses of separate properties of Mrs. Namaalam 80,000 Your answer Mr. Y died leaving a family home valued at P18,000,000 which he inherited 2 points during the marriage when it was worth P8,000,000. What is the deduction for family home? Your