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The taxpayer is a domestic corporation Selling price of land and building in the Malaysia held as Capital asset sold to a buyer in the

The taxpayer is a domestic corporation Selling price of land and building in the Malaysia held as Capital asset sold to a buyer in the Philippines Fair market value at the time of sale Cost of the land and building P3 200.000 P3,000,000 P1,000,000 The capital gain tax is

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