Question
X, a nonresident alien, died leaving P5,000,000 worth of property in the Philippines. Sixty percent (60%) of which was donated to the University of Santo
X, a nonresident alien, died leaving P5,000,000 worth of property in the Philippines. Sixty percent
(60%) of which was donated to the University of Santo Tomas
exclusively for educational purposes
and the remaining forty percent (40%) to the Philippine Government. How much is the amount
excluded from the gross estate?
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Probability & Statistics For Engineers & Scientists
Authors: Ronald E. Walpole, Raymond H. Myers, Sharon L. Myers, Keying
7th Edition
9789813131279, 130415294, 9813131276, 978-0130415295
