In computing the net taxable estate, the Tax Code allows several items that could be deducted from the gross estate to arrive with the net estate. These items are classified into three: the ordinary deductions, the special deductions, and the share of the surviving spouse.
In this video, we discuss the ordinary deductions particularly the transfer for public use and the vanishing deduction. In most estate tax topics, the discussion on the vanishing deduction is mostly highlighted as this type of deduction involved several steps or processes in the computation. Please watch this video for more detailed illustrations.
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If you want to learn more about income taxes, please open this playlist and enjoy every video: • Income Taxation (Philippines)
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Also, if you want to learn more about business and transfer taxes, watch the following videos:
1. Overview of the National Internal Revenue Taxes: • [TOPIC 1] OVERVIEW OF THE PHILIPPINE ...
2. Basic Succession Concepts: • [TOPIC 3] BASIC SUCCESSION | Concept ...
3. Testamentary Succession: • [TOPIC 4] TESTAMENTARY SUCCESSION | S...
4. Intestate Succession: • [Topic 5] INTESTATE SUCCESSION | Shar...
5. Causes of Disinheritance: • [TOPIC 6] DISINHERITANCE | Causes and...
6. Gross Estate Valuation of Real Properties, Personal Properties and Usufructuary Rights: • [TOPIC 7] GROSS ESTATE | Valuation of...
7. Gross Estate Valuation of Shares of Stocks: • [TOPIC 8] GROSS ESTATE | Valuation of...
8. Additions to Gross Estate: • [TOPIC 9] ADDITIONS TO GROSS ESTATE |...
9. Other Additions to Gross Estate: • [TOPIC 10] GROSS ESTATE | Other Addit...
10. Property of Relations: • [TOPIC 11] GROSS ESTATE OF MARRIED DE...
Смотрите видео [TOPIC 14] ORDINARY DEDUCTIONS FROM GROSS ESTATE | Transfer for Public Use and Vanishing Deductions онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Jisryl Raz 04 Апрель 2021, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 15,522 раз и оно понравилось 287 людям.