taxes. robert g sarmiento

Bureau of Internal Revenue – FAQs

hello everyone, here's an article taken out of the website of Bureau of Internal Revenue with regards to real estate taxes that may shed some light on issues you're not aware of. Frequently Asked Questions 1) What is meant by capital asset? Capital asset means property held by the taxpayer (whether or not connected with his trade or business), but does not include – a) stock in trade...

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