Mommy Oni, a resident citizen, donated 12 iPhone 14s with a fair market value of P80,000...
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Mommy Oni, a resident citizen, donated 12 iPhone 14s with a fair market value of P80,000 each to her followers on May 14, 2023. Sixty (60) days after, on July 13, 2023, Mommy Oni made another donation of 15 more iPhones with the same market value. All iPhones are situated in the Philippines. Compute for the donor's tax payable for the donation made on July 13, 2023. Mommy Oni, a resident citizen, donated 12 iPhone 14s with a fair market value of P80,000 each to her followers on May 14, 2023. Sixty (60) days after, on July 13, 2023, Mommy Oni made another donation of 15 more iPhones with the same market value. All iPhones are situated in the Philippines. Compute for the donor's tax payable for the donation made on July 13, 2023.
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Answer rating: 100% (QA)
To compute the donors tax payable for the donation made on July 13 2023 in the Philippines you c... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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