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What is Estate Tax: Key Concepts and Computation about?

This document provides an overview of estate taxation in the Philippines. It defines key concepts related to succession such as testate and intestate succession. It also outlines what is included in the gross estate for tax purposes, such as all property owned at death and some transfers made prior to death. Allowable deductions include expenses, losses, indebtedness, taxes, transfers for public use, family home deductions, and the surviving spouse

Author

kikimtaehyung

Language

EN