W`h`a`t` `i`s `y`o`u`r` `u`n`d`e`r`s`t`a`n`d`i`n`g` `i`n` `E`s`t`a`t`e`s` `a`n`d` `T`r`u`s`t` `i`n` `P`h`i`l`i`p`p`i`n`e` `I`n`c`o`m`e `t`a`x`a`t`io`n` `a`n`d` `w`h`a`t` `a`r`e` `t`h`e` `t`h`i`n`gs` `c`a`n` `l`e`a`r`n`ed` `f`r`o`m` `e`s`t`at`e`s` `a`n`d` `t`r`u`s`t` bullet point all of your understanding about it, please make it long for me to understand it more

W`h`a`t` `i`s `y`o`u`r` `u`n`d`e`r`s`t`a`n`d`i`n`g` `i`n` `E`s`t`a`t`e`s` `a`n`d` `T`r`u`s`t` `i`n` `P`h`i`l`i`p`p`i`n`e` `I`n`c`o`m`e `t`a`x`a`t`io`n` `a`n`d` `w`h`a`t` `a`r`e` `t`h`e` `t`h`i`n`gs` `c`a`n` `l`e`a`r`n`ed` `f`r`o`m` `e`s`t`at`e`s` `a`n`d` `t`r`u`s`t` bullet point all of your understanding about it, please make it long for me to understand it more