Ms. Dika Kayaten has a 2 hectare agricultural land located in a province with a fair market value of ₱5 million. However, half of which is unutilized. The possible maximum ad valorem tax on idle land that will be paid by Ms. Kayaten would be? a. ₱400,000.00 b. ₱500,000.00 c. ₱250,000.00 d. ₱125,000.00 e. ₱300,000.00

Ms. Dika Kayaten has a 2 hectare agricultural land located in a province with a fair market value of ₱5 million. However, half of which is unutilized. The possible maximum ad valorem tax on idle land that will be paid by Ms. Kayaten would be? a. ₱400,000.00 b. ₱500,000.00 c. ₱250,000.00 d. ₱125,000.00 e. ₱300,000.00

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter14: Choice Of Business Entity—operations And Distributions

Section: Chapter Questions

Problem 52P

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