V. Spouses Konstantino and Karina are Filipino citizens and are principal shareholders of a restaurant chain, Karina's, Inc. The restaurant's principal office is in Makati City, Philippines. Korina's became so popular as a Filipino restaurant that the owners decided to expand its operations overseas. During the period 2010-2015 alone, it opened ten (10) stores throughout North America and five (5) stores in various parts of Europe where there were large Filipino communities. Each store abroad was in the name of a corporation organized under the laws of the state or country in which the store was located. All stores had identical capital structures: 60% of the outstanding capital stock was owned by Karina's, Inc., while the remaining 40% was owned directly by the spouses Konstantino and Korina. Beginning 2017, in light of the immigration policy enunciated by US President Donald Trump, many Filipinos have since returned to the Philippines and the number of Filipino immigrants in the US dropped significantly. On account of these developments, Konstantino and Karina decided to sell their shares of stock in the five (5) US corporations that were doing poorly in gross sales. The spouses' lawyer-friend advised them that they will be taxed 5% on the first PhP100,000 net capital gain, and 10% on the net capital gain in excess of PhP100,000. Is the lawyer correct? If not, how should the spouses Konstantino and Karina be taxed on the sale of their shares? (5%)