Mr. Quiambao Mrs.

Quiambao Total
Relative Stranger Relative Stranger
Land - son and daughter-in-law 875,000 875,000 875,000 875,000 3,500,000
Cash - legitimate daughter 150,000 150,000 300,000
Personal Property - Motorcycle to son 450,000 450,000 900,000
Personal Property - coins to father 450,000 450,000
Cash - Stranger 50,000 50,000 100,000
Gross Gifts 1,925,000 925,000 1,475,000 925,000 5,250,000
Less: Deductions
Dowry 10,000 10,000
Donation to Red Cross (NGO) 25,000 25,000
Net Gifts 1,890,000 925,000 1,440,000 925,000 5,180,000
Donor's Tax Due P 115,200 P 271,500 P 79,200 P 271,500

Net Gifts 1,890,000 1,440,000

Excess 1,000,000 1,000,000
Total 890,000 440,000
Donor's Tax Percentage 8% 8%
Donor's Tax 71,200 35,200
Tax Base 44,000 44,000
Donor's Tax Due P 115,200 P 79,200