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Mr. X, a resident alien, died leaving following properties: Location of Net estate Philippines Value Foreign Estate P 6,000,000 Tax paid 0 Location of Net
Mr. X, a resident alien, died leaving following properties:
Location of Net estate
Philippines
Value Foreign Estate P 6,000,000
Tax paid 0
Location of Net estate
Y Country
Value Foreign Estate 6,000,000
Tax paid P 400,000
Location of Net estate
Z Country
Value Foreign Estate 3,000,000
Tax paid 100,000
How much is the amount of credit to which Mr. X is entitled?
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