Nicanor is a married man with surviving spouse: Community Properties: Real Property located in Manila - Php 5,000,000 Bank deposits - Php 5,000,000 Exclusive Properties:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Nicanor is a married man with surviving spouse: Assuming Nicanor is head of the family, how much is the estate tax.
Nicanor is a married man with surviving spouse:
SY2021 Sem MLA O.
Community Properties:
Real Property located in Manila - Php 5,000,000
Bank deposits - Php 5,000,000
Exclusive Properties:
Family Home in Nueva Ecija - Php 10,000,000
Other Exclusive properties - Php 2,000,000
Community Deductions:
Funeral Expenses - Php 500,000
Button
Conterences)
Other Valid Deductions Php 1,000,000
Collaborations
Medical Expenses - Php 1,000,000
Office 365
Google Drive
Assuming Nicanor is head of the family, how much is the estate tax
Transcribed Image Text:Nicanor is a married man with surviving spouse: SY2021 Sem MLA O. Community Properties: Real Property located in Manila - Php 5,000,000 Bank deposits - Php 5,000,000 Exclusive Properties: Family Home in Nueva Ecija - Php 10,000,000 Other Exclusive properties - Php 2,000,000 Community Deductions: Funeral Expenses - Php 500,000 Button Conterences) Other Valid Deductions Php 1,000,000 Collaborations Medical Expenses - Php 1,000,000 Office 365 Google Drive Assuming Nicanor is head of the family, how much is the estate tax
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