[TOPIC 9] ADDITIONS TO GROSS ESTATE | Transfers made During the Lifetime of the Decedent

In some cases, there are properties that are already in the hands of third persons as those properties were already transfer by the decedent prior to his death, but those must still be included in the gross estate when they qualify certain conditions discussed in this video. These properties are said to be subject to tax despite the fact they are already in the hands of third persons, and not with the decedent at the time of his death.

Please watch this video for more illustrative examples.
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If you want to learn more about income taxes, please open this playlist and enjoy every video: Income Taxation (Philippines)
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Also, if you want to learn more about business and transfer taxes, watch the following videos:
1. Overview of the National Internal Revenue Taxes: [TOPIC 1] OVERVIEW OF THE PHILIPPINE ...

2. Basic Succession Concepts: [TOPIC 3] BASIC SUCCESSION | Concept ...

3. Testamentary Succession: [TOPIC 4] TESTAMENTARY SUCCESSION | S...

4. Intestate Succession: [Topic 5] INTESTATE SUCCESSION | Shar...

5. Causes of Disinheritance: [TOPIC 6] DISINHERITANCE | Causes and...

6. Gross Estate Valuation of Real Properties, Personal Properties and Usufructuary Rights: [TOPIC 7] GROSS ESTATE | Valuation of...

7. Gross Estate Valuation of Shares of Stocks: [TOPIC 8] GROSS ESTATE | Valuation of...

8. Additions to Gross Estate: [TOPIC 9] ADDITIONS TO GROSS ESTATE |...

9. Other Additions to Gross Estate: [TOPIC 10] GROSS ESTATE | Other Addit...

10. Property of Relations: [TOPIC 11] GROSS ESTATE OF MARRIED DE...

11. Exclusions from Gross Estate: [TOPIC 12] EXCLUSIONS FROM GROSS ESTA...

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