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CountryNet estateEstate tax paid AP100,000P3,500 B200,0005,000 PHIL200,000-- At the time of his death in 2018, the decedent was a citizen of the Philippines and resident
CountryNet estateEstate tax paid
AP100,000P3,500
B200,0005,000
PHIL200,000--
At the time of his death in 2018, the decedent was a citizen of the Philippines and resident of the United States.
- The estate tax credit for foreign estate taxes paid is:
a.P9,000
b.8500
c.8000
d.7000
2.The estate tax payable after credit for foreign estate taxes paid is:
a.P6,000
b.6,500
c.7,000
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