Android App Ratings & Reviews

Philippine Estate Tax Calc. logo

Philippine Estate Tax Calc.

  • 0 votes
LoadingAdd to My Apps
PriceFree
CategoryFinance
Version1.0
DeveloperChristopher Bautista
Added3 years ago
App Views0 views
Votes0 votes
Google Rating4.6
Ratings7
by On June 22, 2011
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Philippine Estate Tax Calculator. This simple app calculates your estate tax given a net estate value. This is applicable to residents of the Philippines.Description of what Estate Tax is according to BIR:Estate 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 tax on property. It is a tax imposed on the privilege of transmitting property upon the death of the owner. The Estate Tax is based on the laws in force at the time of death notwithstanding the postponement of the actual possession or enjoyment of the estate by the beneficiary.

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