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:. Donor's Tax Contents Tax Rates Description Tax Form Documentary Requirements Procedures Deadlines Related Revenue Issuances C odal Reference Frequently Asked Questions Tax Rates Effective January 1, 1998 to present The Tax Shall be exempt 0 P 2,000.00 14,000.00 44,000.00 204,000.00 404,000.00 1,004,000.00 2% 4% 6% 8% 10% 12% 15% 100,000.00 200,000.00 500,000.00 1,000,000.00 3,000,000.00 5,000,000.00 10,000,000.00 Of the Excess Over
:. Special Sites :: :: :: :: :: :: Tax C ode Tax C alendar BIR Forms Zonal Values Taxpayer Bill of Rights PSIC /PSOC
Plus
100,000.00 :. eTIN 200,000.00 500,000.00 Get your Taxpayer Identification Number online! 1,000,000.00 3,000,000.00 :. BIR Portal To access other BIR eServices and internal applications, click here. 5,000,000.00 10,000,000.00
Notes: 1. Rate applicable shall be based on the law prevailing at the time of donation. :. Contact Us BIR wants to hear from you. We welcome your queries, comments and suggestions. Feel free to email us at contact_us@cctr.bir.gov.ph BIR National Office Bldg., Agham Road, Diliman, Quezon C ity, Philippines Trunkline: 929-7676 | 927-2511 2. When the gifts are made during the same calendar year but on different dates, the donor's tax computed on the total net gifts during the year.
Donation made to a stranger is subject to 30% of the net gift. A stranger is a person who is not a: brother, sister (whether by whole or half blood), spouse, ancestor and lineal descendants; or
. relative by consanguinity in the collateral line within the fourth degree of relationship (up to first cousin). Effective July 28, 1992 to December 31, 1997
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Bureau of Internal Revenue Website Effective July 28, 1992 to December 31, 1997
The Tax Shall be exempt 1.5% P 750.00 3,750.00 18,750.00 58,750.00 258,750.00 558,750.00 3% 5% 8% 10% 15% 20% 50,000.00 100,000.00 200,000.00 500,000.00 1,000,000.00 3,000,000.00 5,000,000.00 Of the Excess Over
Plus
Donation made to a stranger is subject to 10% of the net gift. A stranger is a person who is not a: brother, sister (whether by whole or half blood), spouse, ancestor and lineal descendants; or
. relative by consanguinity in the collateral line within the fourth degree of relationship (up to first cousin). Effective before July 28, 1992 The Tax Shall be exempt 1.5% P 735.00 1,360.00 2,110.00 5,110.00 9,610.00 21,610.00 36,610.00 54,610.00 80,860.00 110,860.00 145,860.00 185,860.00 2.5% 3% 6% 9% 12% 15% 18% 21% 24% 28% 32% 36% 1,000.00 50,000.00 75,000.00 100,000.00 150,000.00 200,000.00 300,000.00 400,000.00 500,000.00 625,000.00 750,000.00 875,000.00 1,000,000.00 Of the Excess Over
Plus
1,000.00 50,000.00 75,000.00 100,000.00 150,000.00 200,000.00 300,000.00 400,000.00 500,000.00 625,000.00 750,000.00 875,000.00 1,000,000.00 2,000,000.00
50,000.00 75,000.00 100,000.00 150,000.00 200,000.00 300,000.00 400,000.00 500,000.00 625,000.00 750,000.00 875,000.00 1,000,000.00 2,000,000.00
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Proof of valuation of other types of personal properties, if applicable Proof of claimed deductions, if applicable C opy of Tax Debit Memo used as payment, if applicable
Additional requirements may be requested for presentation during audit of the tax case depending upon existing audit procedures. Procedures File the return in triplicate (two copies for the BIR and one copy for the taxpayer) with any Authorized Agent Bank (AAB) of the RDO having jurisdiction over the place of the domicile of the donor at the time of the transfer. In places where there are no AAB, the return will be filed directly with the Revenue C ollection Officer or duly Authorized C ity or Municipal Treasurer where the donor was domiciled at the time of the transfer, or if there is no legal residence in the Philippines, with Revenue District No. 39 - South Quezon C ity. In the case of gifts made by a non-resident alien, the return may be filed with Revenue District No. 39 - South Quezon C ity, or with the Philippine Embassy or C onsulate in the country where donor is domiciled at the time of the transfer. Submit all documentary requirements and proof of payment to the Revenue District Office having jurisdiction over the place of residence of the donor. Deadlines Within thirty days (30) after the date the gift (donation) is made. A separate return will be filed for each gift (donation) made on the different dates during the year reflecting therein any previous net gifts made during the same calendar year. If the gift (donation) involves conjugal/community/property, each spouse will file separate returns corresponding to his/ her respective share in the conjugal/community property. This rule will also apply in the case of co-ownership over the property. Related Revenue Issuances
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4. What are the bases in the valuation of property? If the gift is made in property, the fair market value at that time will be considered the amount of gift In case of real property, the taxable base is the fair market value as determined by the C ommissioner of Internal Revenue (Zonal Value) or fair market value as shown in the latest schedule of values of the provincial and city assessor (MV per Tax Declaration), whichever is higher If there is no zonal value, the taxable base is the fair market value that appears in the latest tax declaration
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2 0 0 4 C opyright bir.gov.ph A ll rights res erved. bir.gov.ph is under the s upervis ion of the I nformation Sys tems G roup of the Bureau of I nternal Revenue.
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