Professional Documents
Culture Documents
8D
9D Share in estate is subject to donor's tax if specifically renounced. Share in communal property is subject
10 C Share in communal property is subject to donor's tax both specific and general renunciation.
ommunal property is subject to donor's tax for both specific and general renunciation.
eral renunciation.
1D 2,200,000 Non-resident citizen is taxable on global donations.
2C 1,200,000 Taxable only on donations within the Philippines
3B 900,000 Cash is considered an intangible asset
4D 900,000 Taxable on global donations
5C 500,000 Taxable on donations within
6C 8,000,000 Taxable on properties located within the Philippines
7A 0 Properties located within are intangible assets
8B
9A 0 Taxable on donations within
10 D 3,000,000 Reciprocity applies to Non-Resident Aliens
11 C 2,500,000