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Sandy sold a 150 sq. meter residential lot in Manila as she decided to transfer in her hometown, Vigan, Ilocos. The selling price is
Sandy sold a 150 sq. meter residential lot in Manila as she decided to transfer in her hometown, Vigan, Ilocos. The selling price is P10,000,000; when the zonal value is P60,000 per square meter; while assessed value is P8,000,000. How much is the capital gains tax?
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To compute for the capital gains tax we need to determine the higher value between the sell...
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Cornerstones of Managerial Accounting
Authors: Maryanne M. Mowen, Don Hanson, Dan L. Heitger, David McConomy, Jeffrey Pittman
2nd Canadian edition
978-0176721237, 978-0176530884
