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How much is the donor''s tax to be paid on march

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Reference no: EM133079799

Question - Nicanor made the following donations to his children in 2021:

To Jose - Agricultural land in Nueva Ecija (Zonal value Php 5 Million; Assessed value Php 4 Million) made on January 31, 2021.

To Boni - New car worth Php 5 Million made on March 22, 2021

To Goyo - Cash in the amount of Php 5 Million made on April 19, 2021

Required - How much is the donor's tax to be paid on March 22, 2021?

Reference no: EM133079799

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