Name: Date:

Group Name: Subject: TAXATION

Direction: Please write the correct answer in the space provided before the number.

1. Compute the tax payable after tax credit of then estate of a resident decedent based on the
following data:

Net estate, Philippines P1,200,000

Net estate, Country A (after P12,000 estate tax paid) 188,000
Net estate, Country b (after P8,000 estate tax paid) 100,000
Net estate, Country C (80,000)

A citizen-decedent died 2018 with the following data:

Philippines USA
Gross Estate P14,200,000 P4,400,000
Allowable Deductions 6,400,000 2,200,000
(Excluding standard
deduction)
Estate Tax paid - 150,000

2. How much is the estate tax payable in the Philippines assuming the decedent is a non-
resident citizen?
3. How much is the estate tax payable in the Philippines assuming the decedent is a non-
resident alien?