Reference no: EM132742101
Problem - Mr. ABC, resident alien, made the following donation for the year 2018:
Feb. 7 to ZXC, legally adopted child on account of marriage last week, car worth P710,000 in Philippines.
Feb. 15 to ODF, his daughter, car in Japan worth P300,000. They paid $200 donor's tax in the said country ($1-P45)
March 20 to UUU his niece in Baguio P200,000 worth personal property.
August 13 to SLY, legitimate daughter on account of marriage, July 18 2021 car in Baguio, worth P400,000 but mortgaged for P200,000, ½ of which was assumed by the donee.
Required - Compute for the donors' tax payable on March 20.
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