Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 66 views

    Illustration On Situs and Gross Estate

    Uploaded by

    Claire Barba
    Ms. Adelaida died leaving various properties including real estate, vehicles, bank accounts, and investments in several countries. The document lists 29 items of property with a total value of over 53 million pesos. It also categorizes how the estate would be taxed depending on whether the beneficiary is a resident or non-resident of the Philippines and whether a tax treaty exists.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Illustration On Situs and Gross Estate

    Uploaded by

    Claire Barba
    66 views2 pages
    Ms. Adelaida died leaving various properties including real estate, vehicles, bank accounts, and investments in several countries. The document lists 29 items of property with a total value of over 53 million pesos. It also categorizes how the estate would be taxed depending on whether the beneficiary is a resident or non-resident of the Philippines and whether a tax treaty exists.

    Original Title

    Illustration_on_Situs_and_Gross_Estate

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Ms. Adelaida died leaving various properties including real estate, vehicles, bank accounts, and investments in several countries. The document lists 29 items of property with a total value of over 53 million pesos. It also categorizes how the estate would be taxed depending on whether the beneficiary is a resident or non-resident of the Philippines and whether a tax treaty exists.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    66 views2 pages

    Illustration On Situs and Gross Estate

    Uploaded by

    Claire Barba
    Ms. Adelaida died leaving various properties including real estate, vehicles, bank accounts, and investments in several countries. The document lists 29 items of property with a total value of over 53 million pesos. It also categorizes how the estate would be taxed depending on whether the beneficiary is a resident or non-resident of the Philippines and whether a tax treaty exists.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 2

    Ms.

    Adelaida, single, died leaving the following properties:

    01 House and lot in the Philippines 2,500,000.00


    02 House and lot in Australia 3,000,000.00
    03 Building and land on which it stands in Quezon City, Philippines 10,000,000.00
    04 Trees, plants, growing fruits and land on which they are planted in Tiaong, Quezon 500,000.00
    05 Fishpond in Marilao Bulacan 200,000.00
    06 Car in the Philippines 700,000.00
    07 Van in Australia 800,000.00
    08 Appliances in House and lot in the Philippines 200,000.00
    09 Appliances in House and lot in Australia 400,000.00
    10 Jewelry in the Philippines 1,200,000.00
    11 Jewelry in China 500,000.00
    12 Bank deposit in Beijing, China 15,000,000.00
    13 Bank deposit at BPI Bank, Ayala Ave., Makati City 5,000,000.00
    14 Notes receivable, debtor residing in the Philippines 150,000.00
    15 Accounts receivable, debtor residing in Sydney Australia 175,000.00
    16 Copyright exercised in the philippines 300,000.00
    17 Trademark used in Australia 400,000.00
    18 Patent exercised in China 600,000.00
    19 Franchise used in the Philippines 700,000.00
    20 ABS-CBN certificate of stocks kept in a safe in Australia 450,000.00
    21 MERALCO certificate of stocks kept in the Philippines 550,000.00
    22 Treasury bonds issued by BSP 850,000.00
    23 Foreign shares, 80% of the business is in the Philippines 900,000.00
    24 Obligations issued by foreign corporation with no business situs in the Philippines 750,000.00
    25 Foreign bonds with business situs in the Philippines 650,000.00
    26 Business right in a corporation established in Macau, China 1,500,000.00
    27 Investmetn in a partnership established in the Philippines 2,250,000.00
    28 Foreign shares, 90% of the business is in the Philippines 1,750,000.00
    29 Interest in an industry established in Brisbane Australia 2,000,000.00
    Total 53,975,000.00
    Non-resident Non-resident
    Non-resident Alien with Alien without
    Within Without Resident Citizen Resident Alien reciprocity reciprocity
    1 2,500,000.00 2,500,000.00 2,500,000.00 2,500,000.00 2,500,000.00
    3,000,000.00 3,000,000.00 3,000,000.00 -
    1 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00 10,000,000.00
    1 500,000.00 500,000.00 500,000.00 500,000.00 500,000.00
    1 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
    1 700,000.00 700,000.00 700,000.00 700,000.00 700,000.00
    800,000.00 800,000.00 800,000.00 -
    1 200,000.00 200,000.00 200,000.00 200,000.00 200,000.00
    400,000.00 400,000.00 400,000.00 -
    1 1,200,000.00 1,200,000.00 1,200,000.00 1,200,000.00 1,200,000.00
    500,000.00 500,000.00 500,000.00 -
    15,000,000.00 15,000,000.00 15,000,000.00 -
    1 5,000,000.00 5,000,000.00 5,000,000.00 5,000,000.00
    1 150,000.00 150,000.00 150,000.00 150,000.00
    175,000.00 175,000.00 175,000.00 -
    1 300,000.00 300,000.00 300,000.00 300,000.00
    400,000.00 400,000.00 400,000.00 -
    600,000.00 600,000.00 600,000.00 -
    1 700,000.00 700,000.00 700,000.00 700,000.00
    1 450,000.00 450,000.00 450,000.00 450,000.00
    1 550,000.00 550,000.00 550,000.00 550,000.00
    1 850,000.00 850,000.00 850,000.00 850,000.00
    900,000.00 900,000.00 900,000.00 -
    750,000.00 750,000.00 750,000.00 -
    1 650,000.00 650,000.00 650,000.00 650,000.00
    1,500,000.00 1,500,000.00 1,500,000.00 -
    1 2,250,000.00 2,250,000.00 2,250,000.00 2,250,000.00
    1 1,750,000.00 1,750,000.00 1,750,000.00 1,750,000.00
    2,000,000.00 2,000,000.00 2,000,000.00 -
    17.00 - 53,975,000.00 53,975,000.00 53,975,000.00 15,300,000.00 27,950,000.00

    You might also like