Tic Ling sold 1,000 shares directly to the stock market for P 1,000,000. How much is the percentage tax if Tic acquired the shares of stock for P 600,000? P 0 P 6,000 P 2,000
Tic Ling sold 1,000 shares directly to the stock market for P 1,000,000. How much is the percentage tax if Tic acquired the shares of stock for P 600,000? P 0 P 6,000 P 2,000
Chapter14: Property Transactions: Determination Of Gain Or Loss And Basis Considerations
Section: Chapter Questions
Problem 9BCRQ
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Question
Tic Ling sold 1,000 shares directly to the stock market for P 1,000,000. How much is the percentage tax if Tic acquired the shares of stock for P 600,000?
P 0
P 6,000
P 2,000
P 25,000
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT