Question: Compute for the donor's tax due and payable. 2 points A resident alien made the following donations during the year to relatives: Net gift in


Compute for the donor's tax due and payable. 2 points A resident alien made the following donations during the year to relatives: Net gift in the Philippines (paid P27,000 donor's tax) P700,000 Net gift abroad (paid P14,000 donor's tax abroad) 300,000 Total net gift P1,000,000 Your answer A had a net gift of P450,000 to his first cousin. What is the donor's tax? 2 points Your answer A Chinese citizen residing in Baguio City, Philippines, died leaving several 2 points properties in the Philippines. How much standard deduction can his estate claim? Your
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