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Sanito, a Filipino decedent, owns a property valued at 2Million at the time of his death. The said property was sold during his lifetime to

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Sanito, a Filipino decedent, owns a property valued at 2Million at the time of his death. The said property was sold during his lifetime to Voltaire for 1.3Million when its real value was 1.7Million. It was agreed by both parties that the delivery and payment will take place after Sanito's death. For purpose of Philippines estate tax, the amount to be included in the gross estate would be

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