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Republic Act No 8424 Official Gazette of the Republic

Dec 11 1997 nbsp 0183 32 D Capital Gains from Sale of Real Property – 1 In General – The provisions of Section 39 B notwithstanding a final tax of six percent 6 based on the gross selling price or current fair market value as determined in accordance with Section 6 E of this Code whichever is higher is hereby imposed upon capital gains presumed to have been realized from the sale

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Major oils These oils make up a significant fraction of worldwide edible oil production All are also used as fuel oils Coconut oil a cooking oil with medical and industrial applications as well Extracted from the kernel or meat of the fruit of the coconut palm Common in the tropics and unusual in composition with medium chain fatty acids dominant

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