What is amount of gratuity and the applicable transfer tax

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Reference no: EM132742478

Question: PAUL donated stock securities to his daughter, CHLOE , as reward to CHLOE for services rendered to PAUL. The property was worth 1,110,000 when PAUL wrote the deed of donation. The same had a value of 1,050,000 when the donation was accepted by CHLOE.

What is the amount of gratuity and the applicable transfer tax?

Reference no: EM132742478

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