About this document
Estate Taxation Overview by Johnallenson Dacosin is a document available to read on EtoBox.
The document defines estates and trusts and discusses their taxation under Philippine law. It provides definitions for key terms like estate, decedent, heir, devisee, and legatee. It discusses the classification and taxation of income for estates, including gross income, deductions, and tax rates. It also defines trusts, the parties involved (trustor, trustee, beneficiary), and classifications like ordinary, revocable, and employee trusts. The taxation of trust income depends on whether it is an ordinary or
- Author
- Johnallenson Dacosin
- Language
- EN