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Donor Tax
?
When the donee is a stranger, the tax payable by the donor for a donation made in 2018 shall be:
6% of net gifts in excess of P250,000.
30% of net gifts.
Based on the graduated rates
Based on the graduated rates or 30% of the net gifts, at the option of the donor.
Show Result
Correct
- Your answer is correct.
Wrong
- Your answer is wrong.
Detailed Answer
Correct answer: (A)
6% of net gifts in excess of P250,000.
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Donor's tax shall apply, whether the gift is direct or indirect and whether the property is real or personal, tangible or intangible, even if the...
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Any person making a donation, unless the donation is specifically exempt under Tax Code or other special laws, is required, for every donation, to acc...
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Donation is a transfer of property for a consideration other than money.
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As a general rule, all persons who may contract to dispose of their property may donate.
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Donor's tax is imposed to all natural and artificial persons
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