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Mr. Haciendero Kho sold a residential lot located at Garcia Village, Davao City with an area of 200 square meters for P500,000. The said lot
Mr. Haciendero Kho sold a residential lot located at Garcia Village, Davao City with an area of 200 square meters for P500,000. The said lot has fair market value of P350,000 and assessed value of P450,000 per tax declaration and is valued at P2,000 per square meter as per BIR zonal valuation. How much is Mr. Kho's capital gains tax? P30,000 P24,000 P 27,000 P21,000
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J Weygandt, Paul D Kimmel, Jill E Mitchell
9th Edition
1119754054, 9781119754053
