Valuation of Gross Estate (Inclusions and Exclusions)

In the the computation of estate tax, valuation of gross estate is very important. Knowing what to include and exclude in the gross estate leads to proper compliance in the estate tax filing using TRAIN Law.

For a more detail discussion you can watch this video:    • Estate Tax in the Philippines (TRAIN ...  


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Time Stamps:
00:00​ Intro
00:15 Estate Tax Overview
01:28 Inclusions in Gross Estate
03:10 Exclusions in Gross Estate
06:05 Sample Computation
07:17 Outro

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Disclaimer:
This video is mainly for academic purposes and is not a substitute in doing your due diligence. For highly technical tax issues, you are advised to seek professional assistance or contact BIR for proper tax compliance.