CHAPTER 3-1 DISCUSSION QUESTIONS / PROBLEMS a b c d e f g h i Trees attached to the land Pigeon houses Usufruct over a parcel of land Fertilizer actually used on a piece of land Wooden scaffoldings Machineries installed by the owner Building constructed by the lessee Machineries installed by lessee Steamship President Cleveland (a), (b) and (c) - Real property Real property Real property Real property Personal property Real property Personal property Personal property Personal property Residential house Car Farm in Quezon Shares of stock Condominium unit in Canada Time deposit in Canadian Bank Gross estate P2,500,000 650,000 1,200,000 550,000 4,000,000 260,000 P9,160,000 a Nonresident alien ( with reciprocity) House and lot, Manila P2,000,000 b Nonresident alien (no reciprocity) House and lot, Manila Shares of stock, Philippine corporation Shares of stock, Hongkong Corporation with business situs Accounts receivable, Philippine debtor Proceeds of revocable life insurance Savings deposit, Manila Bank Gross estate P2,000,000 125,000 175,000 60,000 150,000 45,000 P2,555,000 a Nonresident alien (with reciprocity) No gross estate shall be subject to tax because all properties are intangible personal within the Philippines Only real properties and tangible personal properties within are included in the gross estate of a nonresident alien (with reciprocity) decedent b Nonresident alien (no reciprocity) Shares of stock, Po Lu Tan Corporation Bonds, Tsi Tsa Company Franchise, Philippines Gross estate P 225,000 60,000 200,000 485,000