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What is Vanishing Deductions in Estate Computation about?

The document lists various assets and properties that were part of the estate of Mhar Dehrer who passed away, including real estate in Japan and the Philippines, shares of stock in a Japanese corporation, and other personal properties in the Philippines. It notes that the total gross estate was P5,000,000. When total deductions of P60,000 are subtracted, the amount of funeral expenses abroad is P55,000.

Author

Mika Molina

Language

EN