How much is the philippine donor tax due

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Reference no: EM132978591

Question - Mr. A, resident citizen of the Philippines made the following donations on March 10, 2020:

To daughter, Ms. B, property in the Philippines with a fair market value of P500,000

To son, Mr. C, property in foreign Country Y, with a fair market value of P500,000

To grandson, Mr. D, property in Foreign country Z, with a fair market value of P500,000

The donation to Mr. C paid a foreign donor's tax of P 30,000

The donation to Mr. D paid a foreign donor's tax of P 15,000

Required - How much is the Philippine donor's tax due?

Reference no: EM132978591

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