Buy custom DEDUCTIONS FROM GROSS ESTATE UNDER PHILIPPINES TAX RULES AND SINGAPORE TAX RULES
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Business
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| Number of pages / Number of words: |
7 / 1811 |
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Allowable deduction must be in an amount equivalent to the current fair market value of the family home as declared or included in the gross estate, or the extent of the decedent’s interest, whichever is lower, but not exceeding P1,000,000.
Standard Deduction
A deduction in the amount of P1,000,000 shall be allowed as an additional deduction without need of substantiation...
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Allowable deduction must be in an amount equivalent to the current fair market value of the family home as declared or included in the gross estate, or the extent of the decedent’s interest, whichever is lower, but not exceeding P1,000,000.
Standard Deduction
A deduction in the amount of P1,000,000 shall be allowed as an additional deduction without need of substantiation...
Essay fragment
General points of the essay
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