1. A non-resident alien decedent died.

The following data were made available by the administrator of the estate:
Real property, Philippines P 3,000,000
Land and building, USA 5,000,000
Car, Philippines 800,000
Shares of stock in Philippine Corporation, certificates are kept in
a foreign bank 500,000
Shares of stock in a foreign corporation 100,000
Shares of stock in a foreign corporation (85% of its business in the Phil) 200,000
Savings bank deposit, Philippines 150,000
1. How muh is the Philippine gross estate?
a. 4,650,000
b. 4,150,000
c. 3,950,000
d. 3,800,000
2. How much is the Philippine gross estate assuming the country where the non-resident alien is a citizen does not impose
a. 3,950,000
b. 3,900,000
c. 3,800,000
d. 3,000,000
e administrator of the estate: NRA NRA-W/Recip
3,000,000.00 3,000,000.00
-
800,000.00 800,000.00

500,000.00 -
- -
200,000.00 -
150,000.00 -
A 4,650,000.00 3,800,000.00 C

ent alien is a citizen does not impose death taxes on succession?

A decedent left the following properties:
Land in Italy (with PIM unpaid mortgage) 2, 000, 000
Land in Laguna, Philippines 500, 000
Franchise in USA 100, 000
Receivable from debtor in Philippines 70, 000
Receivable from debtor in USA 100, 000
Bank deposits in USA 80, 000
Shares of stock of PLDT, Philippines 75, 000
Shares of stocks of ABC, foreign corporation 75% of the
business in the Philippines 125, 000
Other personal properties 300, 000
Zonal value of the land in Laguna 75, 000
3. If the decedent is a non resident citizen, his gross estate is TOTAL
4. Using the above date, if the decedent is a non-resident alien, his gross estate is
5. If in the preceding number reciprocity law can be applied, the gross estate is
 NRC NRA NRA w/Recip
2,000,000.00 -
500,000.00 500,000.00 500,000.00
100,000.00 -
70,000.00 70,000.00 -
100,000.00 -
80,000.00 -
75,000.00 75,000.00 -

125,000.00 -
300,000.00 300,000.00 300,000.00
- -
3,350,000.00 945,000.00 800,000.00
Cardo died? leaving the following properties:
Real property in Baguio City, brought into marriage 300,000
Income of real property in Baguio 60,000
Real property in Cebu City, brought into marriage by Alyana his wife 240,000
Income of real property in Cebu 25,000
House in Pili Camarines Sur, acquired by Cardo during marriage 375,000
Income of house in Pili 50,000
Real property in Iloilo City, earned by wife during the marriage 225,000
Income of real property in Iloilo City 80,000
Tangible personal properties in Manila, inherited by Cardo
during the marriage 500,000
j. Income of properties in Manila 175,000
k. Intangible personal properties in Singapore, inherited by Alyana
during marriage 430,000
l. Income of intangibles in Singapore 85,000
m. Tangible personal property in Dagupan City, inherited by Cardo
before the marriage 20,000
n. Income of property in Dagupan City 10,000
o. Intangible personal property in Canada, inherited by Alyana before
marriage 350,000
p. Income of personal property in Canada 85,000
Gross estate?
CPG
 CPG ACP
Exclusive Conjugal Exclusive Community
300,000.00 300,000
60,000.00 60,000
- - 240,000
25,000.00 25,000
375,000.00 375,000
50,000.00 50,000
225,000.00 225,000
80,000.00 80,000

500,000.00 500,000
175,000.00 175,000

- -
85,000.00

20,000.00 20,000
10,000.00 10,000

- - 350,000
85,000.00 85,000
820,000.00 1,170,000.00 675,000.00 1,820,000.00
1,990,000.00 ACP 2,495,000.00
TAMA TAMA
Glenn, married to Maggie Greene 3 years ago, died leaving the following properties.
a. Condo unit at West Tower Condominium Makati City, acquired
by him and his wife 2,500,000
b. Apartment unit in Vancouver, Canada inherited from his parents
who died 2 ½ years ago 3,500,000
c. Volvo car registered in Canada, donated to him by his mother four (4)
years ago 2,000,000
d. Toyota Fortuner in the Philippines, purchased by Glenn out of his
exclusive property 1,200,000
e. Jewelry in the Philippines, inherited last year by his wife Maggie,
From her mother 550,000
f. Cash in bank- Banco de Oro; 50% was earned by Glenn before marriage;
50% was earned by the spouses 840,000
g. Interest on bank deposit (net of withholding tax) 8,000
h. Interest in a domestic partnership, acquired by Maggie before marriage 300,000
i. Investment with Acer Corp., foreign corporation, 85.5% of business is
in the Philippines 1,000,000
j. Dividends with Acer Corp.,date of record was made after death of Glenn 45,000
k. Investment with Filipinas Company, domestic, 25,000 shares, traded
in the stock exchange (closing rate of: P22.915) 572,875
l. Dividends from Filipinas Company, date of record, one month before Glenn’s
death (gross of dividend tax) 7,500
m. Receivable on a foreign insurance company for an accident insurance
Suffered six months before death 50,000
n. Proceeds of a life insurance taken by the employer corporation of
Glenn on his life 200,000
o. Receivable on life insurance taken by Glenn on his own life appointing
his estate as the irrevocable beneficiary; common funds of the
spouses were used in paying the insurance premium 150,000
 NRC NRA-W/O RECIP
ACP ACP
Exclusive Community Total Exclusive Community Total

2,500,000.00 2,500,000.00 2,500,000.00 2,500,000.00

3,500,000.00 3,500,000.00 - -

2,000,000.00 2,000,000.00 - -

1,200,000.00 1,200,000.00 1,200,000.00 1,200,000.00

- - - - -

840,000.00 840,000.00 840,000.00 840,000.00

8,000.00 8,000.00 8,000.00 8,000.00
300,000.00 300,000.00 300,000.00 300,000.00

1,000,000.00 1,000,000.00 1,000,000.00 1,000,000.00

- - - -

572,875.00 572,875.00 572,875.00 572,875.00

6,750.00 6,750.00 6,750.00 6,750.00

50,000.00 50,000.00 - -

- - - -

150,000.00 150,000.00 150,000.00 150,000.00

4,700,000.00 7,427,625.00 12,127,625.00 1,200,000.00 5,377,625.00 6,577,625.00
TAMA TAMA
 RA NRA W/ RECIP
CPG CPG
Exclusive Conjugal Total Exclusive Conjugal Total

2,500,000.00 2,500,000.00 2,500,000.00 2,500,000.00

3,500,000.00 3,500,000.00 - -

2,000,000.00 2,000,000.00 - -

1,200,000.00 1,200,000.00 1,200,000.00 1,200,000.00

- - - -

420,000.00 420,000.00 840,000.00 - -

8,000.00 8,000.00 - -
- - - -

1,000,000.00 1,000,000.00 - -
- - - -

572,875.00 572,875.00 - -

6,750.00 6,750.00 - -

50,000.00 50,000.00 - -

- - - -

150,000.00 150,000.00 -
7,120,000.00 4,707,625.00 11,827,625.00 1,200,000.00 2,500,000.00 3,700,000.00
TAMA TAMA
A, made the following transfer inter-vivos:
To B To C To D To E
Cost 100,000 100,000 100,000 100,000
FMV, Time of transfer 140,000 100,000 100,000 80,000
Consideration received 100,000 140,000 80,000 10,000
FMV time of death of A 120,000 200,000 70,000 90,000
20,000 0 0 80,000 100,000
The amount to be included in the gross estate of A
a.160,000
b.100,000
c.130,000
d.110,000