Blog Posts on estate tax




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COL Financial’s Claim Procedure in Case of Stock Holder’s Death by Pinoy Investment Guide on Mar 4, 2013Yesterday I sent clarification to COL Financial regarding the procedure on how will the heir can get stock proceeds in case of Stock Holder’s Death and here is their reply: In the unfortunate event of an account holder’s demise, the following...



What is Estate Tax? | The Importance of Insurance by Pinoy Investment Guide on Mar 4, 2013In my continued learning about Personal Finance, I came to know that there is Estate Tax in the Philippines. Estate Tax is the tax being charged to any heir of a deceased person. Did you know that all property under your name as shown below is subje...



Estate tax in the Philippines: Rates, exclusions and deductions by subiclawyer on Nov 26, 2012Estate Tax is a tax on the right of the deceased person to transmit his/her estate to his/her lawful heirs and beneficiaries at the time of death and on certain transfers, which are made by law as equivalent to testamentary disposition. It is not a t...



Death, Real Estate, and Estate Tax by on Nov 6, 2012The topic of death is usually taboo on ordinary days except the start of November when we remember our dead on All Saints’ and All Souls’ Day, or when we are jolted by the death of a close friend or relative. We must accept, though, that we will...



How is partial disposal of estate taxed? by TaxAcctgCenter Forum on Apr 24, 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 12, 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 19, 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 2, 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 27, 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...