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In November 2017, you were hired as a management consultant of Phil. Corporation. In December of that year, one of your colleagues visited your office
In November 2017, you were hired as a management consultant of Phil. Corporation. In December of that year, one of your colleagues visited your office to ask for your advice regarding her plan to give certain property she owns to her nephew. She plans to donate it or convert it to a sale transaction to save tax. She is aware that if she donates it, it will be subject to donor's tax, whereas if she will convert it to a sale transaction, it will be subject to capital gains tax. The real property which she will donate/sell was acquired 10 years ago for 500,000 has a market value of P1.5 million. Applying the SAVANT framework, what will be your advice? Discuss your answer. Show computations if any for its tax implications
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