Donor's Tax

Net Gift Over

But not Over

The TaxShall be

100,000.00

exempt

Plus

Of the Excess Over

100,000.00

200,000.00

2%

100,000.00

200,000.00

500,000.00

P 2,000.00

4%

200,000.00

500,000.00

1,000,000.00

14,000.00

6%

500,000.00

1,000,000.00

3,000,000.00

44,000.00

8%

1,000,000.00

3,000,000.00

5,000,000.00

204,000.00

10%

3,000,000.00

5,000,000.00

10,000,000.00

404,000.00

12%

5,000,000.00

10,000,000.00

and over

1,004,000.00

15%

10,000,000.00

Plus

Of the Excess Over

Estate Tax
Over

But not Over

The Tax Shall be

P 200,000.00

Exempt

P 200,000.00

500,000.00

5%

P 200,000.00

500,000.00

2,000,000.00

P 15,000.00

8%

500,000.00

2,000,000.00

5,000,000.00

135,000.00

11%

2,000,000.00

5,000,000.00

10,000,000.00

465,000.00

15%

5,000,000.00

1,215,000.00

20%

10,000,000.00

10,000,000.00
Amount of Net Taxable Income
Over

Rate

But Not Over

P0

P10,000 5%

P10,000

P30,000 P500 + 10% of the Excess over P10,000

P30,000

P70,000 P2,500 + 15% of the Excess over P30,000

P70,000

P140,000 P8,500 + 20% of the Excess over P70,000

P140,000

P250,000 P22,500 + 25% of the Excess over P140,000

P250,000

P500,000 P50,000 + 30% of the Excess over P250,000

P500,000

P125,000 + 32% of the Excess over P500,000 in 2000 and onward

Compromise
Failure to File/Pay
Tax Due
Not Exceed Compromise
P xxx
5,000
1,000
5,000
10,000
3,000
10,000
20,000
5,000
20,000
50,000
10,000
50,000
100,000
15,000
100,000
500,000
20,000
500,000
1,000,000
30,000
1,000,000
5,000,000
40,000
5,000,000
xxx
50,000

Penalty
Incorrect Info (Sales, Earning, Estate Gift)
Gross
Not Exceed
P xxx
50,000
50,000
10,000
10,000
500,000
500,000
5,000,000
5,000,000
10,000,000
10,000,000
25,000,000
25,000,000
xxx

00 and onward

, Earning, Estate Gift)

Compromise
1,000
3,000
5,000
10,000
15,000
20,000
25,000