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In 2019, ABC Corp purchased a residential house and lot for P10,000,000. The property has a fair market value per BIR of 12,000,000 and an

In 2019, ABC Corp purchased a residential house and lot for P10,000,000. The property has a fair market value per BIR of 12,000,000 and an assessor's value of 14,000,000. The property was sold to the ...

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