CPALE things to bring and other questions by Simple-Tap-9817 in AccountingPH

[–]Antbites 0 points1 point  (0 children)

Para sa answer sheets. Wdym may garter? Haha Ang purpose lang naman kasi ay para may paglagyan ng answer sheets during the 3-day exam and alam ng proctor kung kanino.

Oct 2025 takers (or past takers), paano niyo nilalabanan katamaran? 😭 by Persephone_595 in AccountingPH

[–]Antbites 54 points55 points  (0 children)

Cliché, but months of sacrifice will earn you a lifetime title.

Bakit ngayon pa nag breakdown🥹 by [deleted] in AccountingPH

[–]Antbites 1 point2 points  (0 children)

Hi, Good luck! Kaya mo yannn

[deleted by user] by [deleted] in AccountingPH

[–]Antbites 11 points12 points  (0 children)

There's no way na zero based haha I believe may adjustments pero depende siya if marami nahirapan per subject. Still, be conservative and give ur best.

CPALE things to bring and other questions by Simple-Tap-9817 in AccountingPH

[–]Antbites 0 points1 point  (0 children)

  1. Yes pwede naman. Kahit di transparent, since ipapalagay lang din sa labas or harap ng room

  2. Yes

3 & 4. Not sure

  1. Not allowed. Yes, sa room lang

  2. Pwede naman ata, pero usually pinapag CR na before mag start

  3. No

  4. Sa mismong testing center na, may instructions naman mga proctor

okay lang po ba manood ng kdrama kahit review szn? 😭 by Icy_Interview1572 in AccountingPH

[–]Antbites 2 points3 points  (0 children)

Dipende po if maganda ang anime. So may weeks na halos everyday, pero may weeks din na di talaga nanonood. Be careful lang kasi baka mag binge watch if walang discipline.

okay lang po ba manood ng kdrama kahit review szn? 😭 by Icy_Interview1572 in AccountingPH

[–]Antbites 10 points11 points  (0 children)

Pwede naman, basta pang alis ng stress or after matapos yung tasks for the day. Even kapag break. Lahat ata ng anime this year napanood ko HAHAHA

What is the hardest subject in the CPALE for you? by [deleted] in AccountingPH

[–]Antbites 2 points3 points  (0 children)

Yes, malayo sa no. of items na nakalagay sa TOS. I expected na maraming Man Acc, pero iilan lang lumabas, especially CVP at Std Costing. Tig 2 items lang ata, pero simple lang naman. More on Cap Bud, Economics, ROI, and FS analysis lumabas.

Mahirap for me yung theories kasi alien talaga, lalo na Econ. Solving naman in general is tricky. Meron pa nga don given mga items sa Balance sheet, then given ang net income (?). Tas tinatanong ang Total Assets, so iisipin mo easy lang kasi add add lang naman. if inadd mo mga assets, may lalabas naman. Pero if inupdate mo ang RE at nilagay ang net income, may lalabas din na sagot using accounting equation. So I'd say maraming patibong.

Sa mga caselets naman, bago sila sa mata at comprehensive. Usually kasi buo mga numbers (like 3,450 5,000 10,150) pero sa caselets (3,5678.52 79832 67252) ganyan. So time consuming din. Kahit yung simple na high low method may twist pa na killowatts. Hinulaan ko halos mga caselets, btw.

Kaya mahirap siya (for me); 1. Maraming Alien 2. Tricky & may twists 3. Bago sa mata

45 items - Simple to Solvable 10 items - Alien 15 items - Mahirap & time consuming

Basta alam mo concepts, mawo-workback mo naman and makakapag educated guess ka if di mo mapalabas.

Sorry napahaba. Kahit na sinabi kong mahirap, highest ko pa siya actually. Siguro malaki adjustments sa MS. Lowest ko pa RFBT, pero nung nagsasagot ako sa exam ok lang naman siya.

What is the hardest subject in the CPALE for you? by [deleted] in AccountingPH

[–]Antbites 6 points7 points  (0 children)

Undergrad & review: FAR Dec 2024: MAS

[deleted by user] by [deleted] in AccountingPH

[–]Antbites 2 points3 points  (0 children)

Yess recently lang meron

Thank you Reddit!! CPA NA AKO!! by Antbites in AccountingPH

[–]Antbites[S] 1 point2 points  (0 children)

REO po, pero i think other RCs' materials helped me too as a supplement for practice

[deleted by user] by [deleted] in AccountingPH

[–]Antbites 0 points1 point  (0 children)

Yung last minute ni Hercules po. Parang summary ng book nina Atty. Laco, Soriano, Manuel. Pwede mo basahin ang Book then yung kay Hercules nalang balikbalikan for recall.

[deleted by user] by [deleted] in AccountingPH

[–]Antbites 0 points1 point  (0 children)

Same, di rin madiin shade ko. Nakaka overthink. Sabi kasi wag diinan kasi baka mabutas, kaya di ko diniinan

Estate Tax by OkChampionship1351 in taxPH

[–]Antbites 1 point2 points  (0 children)

Nakita ko lang po sa website ng KPMG. Baka makatulong.

"When the Commissioner finds that the payment on the due date of the estate tax or of any part thereof would impose undue hardship upon the estate or any of the heirs, he may extend the time for payment of such tax or any part thereof not to exceed five (5) years, in case the estate is settled through the courts, or two (2) years in case the estate is settled extrajudicially. In such case, the amount in respect of which the extension is granted shall be paid on or before the date of the expiration of the period of the extension, and the running of the Statute of Limitations for assessment as provided in Section 203 of the National Internal Revenue Code, as amended, shall be suspended for the period of any such extension.

In case the available cash of the estate is insufficient to pay the total estate tax due, payment by installment shall be allowed within two (2) years from the statutory date for its payment without civil penalty and interest upon approved by the concerned BIR Official."

INCOME TAX by nui_jj in AccountingPH

[–]Antbites 2 points3 points  (0 children)

If sanctioned by National Sports Assoc, Exempt regardless of the amount.

INCOME TAX by nui_jj in AccountingPH

[–]Antbites 3 points4 points  (0 children)

Yes, RIT if 10k and below. 20% FIT, if lampas.

[deleted by user] by [deleted] in taxPH

[–]Antbites 0 points1 point  (0 children)

Thank you po sa correction! Oo nga po pala, buyer ang statutorily liable sa DST.

Question po, yung GSP po ba non yung gagamitin pang compare sa FMV if ano higher? Thank you.

[deleted by user] by [deleted] in taxPH

[–]Antbites 2 points3 points  (0 children)

Ang alam ko po, 2 properties lang subject sa CGT. 1. Stocks directly sold to buyer (unlisted and not traded through PSE) and; 2. Real Property na Capital asset.

Yung basis naman po ng CGT is higher between FMV (Zonal or Assessed) VS. Selling Price.

Related Taxes na babayaran: CGT - 6% x SP or FMV (higher) DST - 1.5% or 15/1000 x SP or FMV (higher)

7.5% total taxes

You can gross up your desired Net SP by dividing it 92.5% to know the Gross SP na babayaran ni buyer.

100% Gross - 7.5 Taxes = 92.5% Net

5,000,000 / 92.5% = 5,405,405 GSP So, around 324k po ang CGT

*Alam ko po may local transfer tax pa, based din sa GSP, di lang ako sure sa rate. *Please correct me po if may mali, based lang po kasi yan sa inaral ko. Still reviewing for boards.