Blog Posts on estate tax

How is partial disposal of estate taxed? by TaxAcctgCenter on Apr 25, 2012A sole proprietor died leaving estate behind. Properties of his businesses. They don’t have available fund to pay estate tax so they want to sell one of its properties. What is the treatment of the sale of property? Is the proceeds from the sal...

The Complete Financial Plan by Pinoy Wealth Crusaders on Feb 13, 2012By Cheryl Sperling Although personal finance covers a lot of varied money topics, like saving, budgeting, expenses, investment, insurance, and healthcare; it would boil down to these summarized concept below: If you plan for these eventualities NOW,...

Even the dead pay taxes by Free money on Oct 20, 2010Most Filipinos aren't aware that even in their death the BIR gets a share of properties and monies they left behind. You maybe surprised to know that, yes, it is true. It is called estate tax. A man in his lifetime has three stages in building his we...

Chemo to Financial Cancer by Philippine Business Opportunities on Jul 3, 2010Life insurance is the chemo to your financial cancer. It gives you the security that your businesses, assets and money wouldn’t die with you. Rest assured your family would not die with you because money for their basic need to get back up on their...

More taxation textbooks! by Philippines Taxation on Jun 28, 2009The textbook presented in my prior post is Philippine Laws on Income Taxation. It covers topics on general principles of taxation in the Philippines and income taxation rules for the following: Natural persons,  both citizen and aliens, Estates and...