Answered step by step
Verified Expert Solution
Question
1 Approved Answer
n August 15, 2020 Kakashi sold stocks directly to buyer. As a result of the transaction, Kakashi paid to the BIR 27,250 representing the total
n August 15, 2020 Kakashi sold stocks directly to buyer. As a result of the transaction, Kakashi paid to the BIR 27,250 representing the total taxes on the transaction. The stocks are not traded in the PSE and is the subsequent sale or transfer of the stocks. The stocks costs Kakashi 200,000 and has a par value of 100,000. How much documentary stamp tax was paid by Kakashi
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started