Rates of Estate Tax

If net taxable Of the excess

But not over Tax shall be Plus
estate is over over
P 200,000 Exempt
P 200,000 500,000 0 5% P 200,000
500,000 2,000,000 15,000 8% 500,000
2,000,000 5,000,000 135,000 11% 2,000,000
5,000,000 10,000,000 465,000 15% 5,000,000
10,000,000 And over 1,215,000 20% 10,000,000

Rates of Donor’s Tax

If net gift is Of the excess

But not over Tax shall be Plus
over over
P 100,000 Exempt
P 100,000 200,000 0 2% P 100,000
200,000 500,000 2,000 4% 200,000
500,000 1,000,000 14,000 6% 500,000
1,000,000 3,000,000 44,000 8% 1,000,000
3,000,000 5,000,000 204,000 10% 3,000,000
5,000,000 10,000,000 404,000 12% 5,000,000
10,000,000 And over 1,004,000 15% 10,000,000