A Filipino donor made a donation for the current year: Cash of P750,000 to his daughter. House
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Question:
A Filipino donor made a donation for the current year:
- Cash of P750,000 to his daughter.
- House and lot valued at P2,500,000 to his beloved girlfriend.
- Car with a value of P1,250,000 to his brother.
Required: Calculate the donor's tax for the year.
Solution: Philippine Tax Law on Transfer and Business Taxation.
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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