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The decedent was a citizen and resident of the Philippines, single, with the following data on this estate: Properties of P7, 000, 000 in the
The decedent was a citizen and resident of the Philippines, single, with the following data on this estate:
Properties of P7, 000, 000 in the Philippines and P4, 000, 000 in Foreign Country A;
All deductions from the Philippines gross estate of P2, 000, 000 and from the Country a gross estate of P3, 000, 000.
There was a payment of P120, 000 of the estate tax of foreign Country A.
How much is the Philippine estate tax due after credit for the foreign estate tax paid? _________________
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