Anderson disposes a vacant lot for P3,000,000.  The lot has an Assessor's fair value of P2,800,000, a zonal value of P3,200,000, and an appraisal value of P3,500,000.  What is the capital gains tax?       P 0       P180,000       P192,000       P210,000

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Anderson disposes a vacant lot for P3,000,000.  The lot has an Assessor's fair value of P2,800,000, a zonal value of P3,200,000, and an appraisal value of P3,500,000.  What is the capital gains tax?
 
 
 
P 0
 
 
 
P180,000
 
 
 
P192,000
 
 
 
P210,000
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