‘Terms of endearment’ | Inquirer News

‘Terms of endearment’

/ 05:45 AM January 27, 2012

Colloquy. Dialogue; conference.

Sub judice. Under judicial consideration.

Factum probandum. The fact to be proved.

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Capital gains tax. Tax imposed on the gains obtained from the sale, exchange, or other disposition of capital assets located in the Philippines (i.e. land, buildings, etc.)

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Estate tax. Tax imposed on an heir’s inherited portion of an estate

Donor’s tax. Tax imposed on property given by a living person to another via donation.

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Sources: Black’s Law Dictionary, Investopedia.com, BIR website

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TAGS: Judiciary, Renato Corona, Senate, Supreme Court

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