The document discusses estate tax rates in the Philippines. It states that there shall be a 6% tax levied, assessed, collected and paid upon the transfer of the net estate of every decedent, whether resident or non-resident of the Philippines, based on the value of such net estate. The net estate is to be determined in accordance with Sections 85 and 86.
The document discusses estate tax rates in the Philippines. It states that there shall be a 6% tax levied, assessed, collected and paid upon the transfer of the net estate of every decedent, whether resident or non-resident of the Philippines, based on the value of such net estate. The net estate is to be determined in accordance with Sections 85 and 86.
The document discusses estate tax rates in the Philippines. It states that there shall be a 6% tax levied, assessed, collected and paid upon the transfer of the net estate of every decedent, whether resident or non-resident of the Philippines, based on the value of such net estate. The net estate is to be determined in accordance with Sections 85 and 86.
The document discusses estate tax rates in the Philippines. It states that there shall be a 6% tax levied, assessed, collected and paid upon the transfer of the net estate of every decedent, whether resident or non-resident of the Philippines, based on the value of such net estate. The net estate is to be determined in accordance with Sections 85 and 86.
collected and paid upon the transfer of the net estate as determined in accordance with Sections 85 and 86 of every decedent, whether resident or non-resident of the Philippines, a tax at the rate of six percent (6%) based on the value of such net estate.