Why did the congress reduced the donor tax rate

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Question - Why did the Congress (Philippines) reduced the donor's tax rate to 6% under TRAIN Law from the previous 2% to 15% tabular rate for relative donee and 30% for stranger donee?

Reference no: EM132882376

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Why did the congress reduced the donor tax rate : Why did the Congress (Philippines) reduced the donor's tax rate to 6% under TRAIN Law from the previous 2% to 15% tabular rate for relative donee
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