How much is the Donor tax due as of July

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Question - During the current year, Neville Longbottom who resides in 158 R. Papa Street, Sampaloc, Manila and with TIN 135-567-890-006 made the following gifts:

Date Donee

Amount of Donation July 1, 2018

Anton, his son on account of his marriage celebrated June 1, 2018 150,000 Cash

July 10, 2018 His friend, Carlos 400,000 second Hand Motor Vehicle September 30, 2018

His daughter, Dana 450,000 cash dowry, on account of her scheduled marriage on October 25, 2018

November 23, 2018 His Father

A parcel of land worth 180,000, subject to the condition that his father would assume the mortgage indebtedness of Neville in the amount of 40,000

How much is the Donor's Tax due as of July 1, 2018?

Reference no: EM132978563

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