57. Determine the capital gains tax assuming the sale was made in 2018; * Bryan sold the following shares of stock of domestic corporations which he bought for investment purposes: Listed and Traded Not Listed and Traded Selling price Selling expenses Cost P250,000 P143,680 12,000 118,000 3,680 80,000 Your answer

CONCEPTS IN FED.TAX.,2020-W/ACCESS
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ISBN:9780357110362
Author:Murphy
Publisher:Murphy
Chapter11: Property Dispositions
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57. Determine the capital gains tax assuming the sale was made in 2018;
*
Bryan sold the following shares of stock of domestic corporations which he bought for investment
purposes:
Listed and Traded
Not Listed and Traded
|Selling price
Selling expenses
P250,000
12,000
118,000
P143,680
3,680
80,000
Cost
Your answer
Transcribed Image Text:57. Determine the capital gains tax assuming the sale was made in 2018; * Bryan sold the following shares of stock of domestic corporations which he bought for investment purposes: Listed and Traded Not Listed and Traded |Selling price Selling expenses P250,000 12,000 118,000 P143,680 3,680 80,000 Cost Your answer
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