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Inday is settling the estate of his Filipino husband Nicanor, who died intestate in the Netherlands where he works as an OFW. The following are

Inday is settling the estate of his Filipino husband Nicanor, who died intestate in the Netherlands where he works as an OFW. The following are the summary of the details of Nicanors properties in connection with the processing and payment of his estate tax:

Philippines

Brazil

Netherlands

Gross estate

5,000,000

20,000,000

15,000,000

Allowable Deductions

5,000,000

10,000,000

5,000,000

Net estate

0

10,000,000

10,000,000

Estate tax paid

Php 500,000

1,500,000

How much is the ESTATE TAX PAYABLE?

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