| Chapter 16 — Introduction to Donor’s Tax CHAPTER 16 INTRODUCTION TO DONoR’s TAX Chapter Overview and Objective: After this chapter, readers are expected te Comprehend the essential requisites and formal requisites of donation Appreciate the rationale and purpose of donor’s taxation Understand the types of donor’s and their tax rules Understand the treatment of donation of common properties Understand the rules on renunciation of inheritance Understand the treatment of donations with joint or several donees .__Master the list of exempt donations and the donor's tax format Sake DONATION Donation is the gratuitous transfer of property from one living person (donor) to another (donee). ESSENTIAL REQUISITES OF DONATION 1. Capacity of the donor The donor must be legally competent to make a donation. A donation made by a minor, an insane, or by one under hypnotic spells, force or intimidation is unenforceable. The donor's capacity shall be determined as of the time of making of the donation (Art. 737, Civil Code). 2, Intention to donate ‘The donation must be intentional or voluntary. There is fo such thing as an implied donation. 3. Donative act or delivery — Coe ee oval contract and is completed by {hie delivery) of the property to be donated. lonee a 4 Acceptance sy the aon led to acept the generosity of another, The donee has the prerogative, to accept or Tele tin a on acceptance of the donee perfects the contract of donation. The donation acceptance ‘ed when the donor knows of the acceptance of the is deemed perfected w! Donation of REAL property donee. eccrived form G -writhg % public 5- Dongtion 1% 19 eee 599 syalve is > §.000 Donation of PERSONAL property ~ donation 2occeptonce, oral/writtenne 109 : ex afgns MOUS! 99UOP hy slap ou oH ayy MEENIVEL 243 Jpup, 0} wopewop se S220 sean volgs on 9 TR seeder ane STR! LEGO cx woneup 1 3 2 eo np DUSEP POINDM MIN ou ‘laden pu sees a4 SIN aL xdoud jeuossad a1q13ueqyy ug squaprsos-uou outs a sorHa ups oe ae Aunes samp suevOP walle WopIsay {yo suoneuop ay Si suoneuop syduraxo Sau 8 uo Aq uradosd yeuosiod 45H sau uoul 40} a1 A pardias 0 na{qns Aiadosd reuosiad ayqysueiuy adaox see aa ig uo. Aud aygexea ~ waHTe WAPISAL-UON “g uoyje wapiser “¢ usznp wapisei-uou “7 a7} apis “T se yons ‘suoneuop feqo(S uo agexe)- waznp> 40 1UOPISON “V SHONOG 4O SAdAL +401 5 souop 02 390/4ns woRDUOP 0 I0U5! puo way fo suosu so payoasn aq sfoys aus ay, sna 2yqox0) ay fo aUuO UH aH) ‘ uonanpap 0 si uajap 07 Ausadoud axa fo woou! fo 1afsuesn 000‘00zd YL X° saouop 0 walgns 5} asnoy Buypsvoq o Jo wonouopcajgns0%e 71! 000'000°01d *4b ‘aqqeoonasy se souexy ayy Aq pareusseP si uopevop aig yea adaoxa ‘wayqoud Surpaooud amp wi sqoey aures au BuNUINSSY uoneuop ayqesoaaauy - z une uoqupsy 1p Jo wos nuoP ey 2 51 umpy 7 fuadosd ayp fo auoou! Jo sefsuo.y(ggo‘o0zd)24L ™ 21 29/4ns 04 5} asnoy Buspsooq v fo uonDlop a/qoD0xa4 goo ‘000'0td ° SIAR &1 006 002 Jo wowed. A $8 a0 Jo auioruy enue go aaism, Aq paeurw a 00 0'OTa KOM a Pew seIsna ays, UAfayY 0 possayste- 74 ms ooo em pouoeds sowed hd ones Asnoy Fupseog ayy, -uyapoyy ‘uos sty Jo 4% 04 Bupzeoq & yo uoneuop ajqeooaaa v apeus JOE!) a woneuop ajqesoaay - ¢ worst XL $ J0u0q 0} uonranposyul - 9T gorse? " }O worstaradns oxp Jopun ing aatiop at JO 4q Auiadoud Jo J9ysuien soajonu uoreuop 19931pUt ty wopeuop was}pUt “Z pate Soey uy 10uop -aouop atp 01 £n9aAIp souop tp £q apeut ouo st uoReUOp IaNIP V woneuop 1oatd “t NOLLVNOG SOAIA-UAINI JO STAAL “x03 01 pafqns ou asojaLoup pu ajqeaai9]u5un «ypu pea 20u st sto} Ye8a] asaun 04 uLiojuod you S9Op WpIyA uoNEUOP Y (apo), amp yo 40 Bu 19 ON ‘GPL UY) pareuop wWBt4 ayn Sunuasosdas yuowunDop 1) Jo Aloaljap snoaueyinuns atp sasinbax woReWOP TEI uy ‘(ap09 [1419 MON ‘se uy) swuawnaysut yjoq ut parou aq jegs dors si pue ‘wt9} sAUOLANE ue uy joasayy paynou aq {eys souop xp UOUIAASUY aeeTaS © uy apeur st aoueidagoe ayn JI “ouop axp Jo aumNasy, ax Sulinp auop S14 SSayaN aa ie eys af ang uoWNDop oy\qne ayeaedas e UE 40 YONeUOP Jo Paap ‘ues ayy ut ape aq Aew'Sanuadaid jea1'Jo woneuop eyo soueidanoe ayy, ‘aGoy 0 Aq pornrouuo suatundop UaRIM o 51 wowNLAsUI Ind D9POD AID MAN ‘GL He qwOUNASUT TaN Aaradond yeuosiaT oq sUTeIT 10 ous Fuipaarxs owianowy ua 000d Buipassxo wanowy —— Ruiodoad euostod opqsweL, Ruradoud [eau EE ON ‘ne Aq postnbau sanyeuio} qd 0 sonsodon yo NOLLVNOG AO SALISINDTY TVANOT xe 5400 0} Uonanponul ~ oy saIdeyD09 209 509 xe 400; } -woneuop 2th paidaa0e Aynyapex3 3919 53036 39) oy ooo00zd = SIFPANEL4ORS09 xn 104 PAWLOSIN @S9UIYD TUapisaxugd ¢'p.222) 000'000'T$ Suneuop aa me] UF aaqpey aamany $3235 ae-0009954) soougera aoyd Su95 ney 219 ogower 000005184 yyoog’pg anqea seu Teg ‘Asodord aqyBuon 0 pup Addo 200 S00p 211 3014301344 vom rather 05 Atala ‘000'00s'z4 a uop fo aun ayn 20 sauyddinyg yr pnvae| 31 izedoud 3 aoa mn ee sooo’ 24 203 pstboefsnovsaud aay PPI 12 SOUS eas uop audigy ane 440509 3H 9000 one te PEW Y a Bivwnnee ou yo on 000 39 wonesSnI Me ge onv00zd HOM 304 BuiAP eqnas sty yor aston ‘suonouop (R18 wo 219010 240 SuazRI2 aU sey sJovep suddyg on ratqae hae z ona 350g UPSLsaKIY S14 0 OOO OOO'zTA unm peouge 429 stiods e payeuop peosge Sun4o 1 Wapsar-uou y 2 aso wo uo}sena x a7] 04 eoneE=aT on prone 0 Sa {18 194 yu pied 5 soup aye 289 ata Poa oY ; Sr Sando sty jsut eu wosiode"woieuop to XE Ot st 31% 5, (ators Pama — 15 6959 249 Jo Uo}seA9 XE [011809 01.“ [—“wotasts saison eer TECHS NOLLVX¥IS¥ONOG 40 S1YNOLLVY _—aweoeza OUP ESRD HOSP eee (Siwonewop sigexer sa | esrseumET | ayy apis0id or pap SI xB) Suouop - xm w2sif 10 anuaaay “9 24840 peo uy woneuop ayqexea axa 29 eus BupoTO} au uauuao8 jeuoneu aig qpasodu st xe), .0U0p ~ x0) DUONON “Ss payeuop WOOT TOOT A WONT S Feo, Gvatoud am yo sna ain uodn spuadap xe1 souop - waoyoa py" —— DIUUDE—~ DODDOT —— OOV0UZ—~—souusdosd yeuosod ygoere 00'0S2a Jo ssaxa so0'00, —oo0'00e onda sapuadoad jeuoszed aque, 1 Suowop jo sy 20u AueaK uo pasoduu sj xey szouop — xo2 JDRUUY “E S00'006'T 4 o00'008 a o0v;000T & sentedoud roy {ui 3oujo aBeqnaoiad poxy e uo paseq stxeys iouop -xop poUosodoud °Z ey peaqy— “Ssurcana eso oy tage IP AUNAH AY utp snow Mess Asodoud “sonuodosd Suymoqej an parewop sewn yy suen 0 afotaud amp oda xm e st xe siouop - xm aBayiaiid *T Tuopesni WOUY 2359/79 XWLSONOG 4O THALYN eps 7 ae i 1 s1a0eL, 0 pan 5 sotere net Auadoud 0.946 ayn oy pueBa1 oyun pueysnnu! — [|Z + Sauradoud [euosIa 10 ona uooagaq ede HEHE Jo atu axp ye suossad Buta 201 > FOO ELL SondnT TER 30 25UeN snoygeA8 ayy od xe} e st x0} § 10U00 Tamra | par | UM DOP, UNAT| wonooy dodo XVI SONOd a lives | ypoudjaas foal : ‘won ovop fo au oy oso van | amowarm ya | so suapisa ‘ape aap ce etd ow pss 045 drodoud 0B aa tuo saqnajo rearing 1040p ayn aus Uwomveuop aIqexey uo Sapna *Houop auddyryg 09 aaafqns zou) SL x21 50U09 61 uonanponL| 9F sa¥deyD *81510U09 03 uonanponuy — gp 210049 1 Sa- TR a eee 509 4 (ayqenou 30 [BHOSIOM Jo apo i Auadoud genoa so Trusso STS og (2996 On yy # __ yssep sansadosd [824 Jo ajeg 'N VY © 295) Kussonwun peuuoy ou 1 {SSE TIES uo nouseopUORNELIOND 2 0945p (06 045s) oaepw ea aeean sade A Gext01 ona a . xe) sured yeuded %9 24.01 399Kqng Va Er 235) pung jearaing sajdoag (o6£0t oN VE St 225) pareiod.sony, " 49 31 Ou OMIN WoIstAafaL saido quo soydde wordurxo Yeup ‘1960004 ‘POIOU 24 asMay 6026 °N V4 225) pungyuows Set 1 fue eUEW Aajend soieya euoneN -g youN09 UoRDY Fees feUONN MaIND 49s uoIstaIHLOD, somodud eat -xex s,0uop amp as0dury 0% poy (62.44 295) 1 105 ISBAD ON WY 'SE 298) syay at jo woneyndiuew wos} ASHE Or UOISEAD xe, (9001 QW pue an ‘ou sj auayy ‘aoueH een ‘anjen sep amp ‘aNIwA ATE) OY HEAD Ja;goq (oz9t da (2)5 uy) a dua ou 9 n> 210 PO aqgnay © SU HAAPS NE AWODU shy) ood some ceo (502 aa 21 225) saudayyg axa yo 4 40 anjea ayey UO pased a ‘UapEDY WoUdoRDADG jo vonsodsyp 12u0 pue aBuEYDx® ‘aYes ay, (eaoor Fa doa aso oes amy OXERTGETOT SODPIN SN “sOAONO, oy Var“, 2) AON uodong pue uz sw0u0og 1d Bunpos at wou junowre saa ee 95 A\feuoRUadU st aOH woes nun npn ssp OTIS | apisuod 1UaIDYMSUT so} SHaystEN JO WOTUOK 2 xajdures) wones2pI od son APO [esT-SUAPOAT WOPETSpRUOT WapyyAsUy Foy siaysuery f (e000 oN Vat 98) soudanyaomyosmoasiiy 8 “ 9 Wa axRJ0 40g payessanuy -g + £ (262 14 298) souay jouniedag aamjnaenby ‘dwaxo axe saanuo aauop Buymor}oj op 03 suoeUO PUTS waudojanag souousty weisy aseaxnnos ay Jo au a ‘Aapordioaa sapun ydwaxo Aysadoud o suoneuod “Ty ‘uoryexey 01 29a(qns rou s} 3 ‘2au9H{ IHSTA parsaa AtjeuORMINsUOD ‘S10uop uayfe juapises-uou jo suoneuop 404 ‘OT SuoRewOp pIOA "6 ~ wopaayy yeonrod 5240 Jo iy sijsuensend-g 9) uoReuop usredueo Supfeur Aq sanied 10 sayepipurd yeotjod ‘Won naisut yyoud-uou paypais9e oy uoReUOg °Z asn sgn 40} uaursaA08 atp on uoReuog 9 "7s douop wou ydwoxa aq unto ayy 04 pariodss siamod paniasas nim suoneuog °s '9q snus suoneuop asayy, oRewoine rou St uondwaxg “papuoUE se ‘9POD soureatioyuljo su + wong 1wanod 2q [es sasodnd uBteduseo 10} saqed Jo oNTeC? siasse jedeo se paysse(> 20 “Aved [ed ‘aepppue Ave oy puny uy 30 yseo wy uoRNquTUOD ALY odosd eax Suyajonu} uonesopisuo> qwalayneKy oy Sora “E ronreTON 7 siae|jetoads pu 9yIN ou Jopun soauop adwax0 1 suoneuog op xdwaxa are ButHo((0} 4 ‘sue][epeds 1apun saauop 142%? :suopeuop 3 ‘wjeiayj saauop ydusaxa jo asit UL SLAID LAWaXa (056 oN vu 52-295) sou 9000 ON vu 21 205) y204 jen (61903 WME 29) suawatpag 4210 99 Aeut arayy, aansnetpa-uow sy Md aM Jo Aa nL a pazafqns st sajsuen ayy, “xe) awoout aanany y etoai es = ee soy eee anaes ee Se re ae reuritj x8 s0204 95 reouds ayy asne> jadoud jo woneuop & “U - Caso on ry ema ua 22085 TIPS ay anes ym uedosd Jo woneuny¢ USSR IS _, 2101 ON Va 1 298) ooyss wieg [es ona 9696 V2 2s) uonepunoy Premy Koskeseyy wowed 9 2x21 91N09U a4 UO WOISEAD Caceres ast sjpewop 2s 000005 d UL ' 95) ssoxy poy oud 2 jon onsen soUnps aN IER 5t (058 ow v5 30) uy ae “ i W109 sioysonuy outdid ex s0u0g 02 vonsnpostut- 9t sa\deys 0 *8L5d0U0q 04 uonanposqu)— 91 3218"’ 909 089 | “000'000'td 41u0 10) o90'000'ed Jo anjea wap 9Hp Jo 3pEAEy sajna pauopuowaose a4 01 22195 29 10 9100S IOs a4 “Kedau YOU poo ay UO gop Fontes nods Sua 90 KG VOREDUNUDL yy UOT NA Pe uaiqoud Apinby sssueng turer econ ment ARPS aw 0s 4/4) > aatauns om Aq wonepunuay Fossa Zuopensnit 1x01 5 0U0p Wo) rduuoey Jayioug sty 01.409 249 2416 403 You M0 fi won voy 29 9710s0f80u0 0 hg Bun fo auasud 2 ondSop Saas ma uoqange ou fo von 40131095 00000 21929 onary, atl AUDA 5} YORU 24 6 a.0x01 51 una>5 OOOO Td UL ie rn one nemo ah 280 ngs on a eluotgoaacan msoreonea I 29909 wononunuas dads fo 2afa 22509 soynnand 51 UW 2049 zI0y 4 saxnouy “000'00S'2d s3I}0 Aluo pyno> yng 29 axp Ang 04 parsasoxu 014 SiH 000'000'Fd JO anqea sre} & YH aed e pey LOHY va SH aan Tuonensnit ‘aise paounouad aIpa9 "91paD pur epuasg mento ‘oreuop 01 uonuaiuy sesoeniee Suysoud jo woping ayy ovey yeys souop ayy, rdui9x9 ay) ur 'uanamoy{ ‘Jo pasodsip 5 a) pu anjea s1ey ay Uaaeaq aauazayIp ay japisuoo quarayjnsut ayp ‘saruedosd 4940 404, No Jo 49JSUe.y UO UOEJApIsuOD JWAPYINSUL "x07 § Jouop 243 01739/qns wonDouop aanoMInsUOD O 51 S}Yy,“opu. diysiaumo s1y poujsunn waxy puo uon{ uo wosf asuELoyuy ‘21p29 f 50 saiaiado vono}punuas ayidads yp, wopopunuad aYfoods: 240.01 epuasg jodoney Tlpseys og gohd sx pasunoUs aps “THEI 284194 40} OOT'OOZ'TA Jo arEIsa a}GeARGIASIP tau E Pp $4794 0m uoWn auow Jo 53509 uj uopD}unuas aYpoads : {U0} UY SUTES FEES YG ANTON pa Auadosd jeaosiad & 54 59 . sn sansadoud axe wouidiba pur SupNg MLZ feooezuu) | 1a Pen sen pdsipsnossuo wes aa S124 Jauto Jo worsnx9 ayy 013194 poynuaps ue Jo sone) uy Ajjeatiosoie ee ean icon ass wep 24 200 sn soURAKA! Yo LonepuMta! a Adu oe ne ses ede 949 oho ofa “aon J9p|su09 01 uI0d yueyodus] x 5.20400, etieed ayer ers .0u0g 49 Ada a soon 0 Fup | wove a S208 “Pino 514 fo wor fax S501 ou pip apg | woNST junuad 4h pats geEL IN oovjo0e'2 a ~ gou'ooed) wading {xpueta puresey or yeo oo'o0z7d =| vovo0z 0000024 Ora uauSs2At ean S2uBise e[noed ou yo sone) ut 2159 | 000'009 a 0 "P39 Su se sips pue epuaa| ese) aa 5M 421 000°002'td J0 238189 ajgeinginsip yout di Genta aa | ooo'oos't 4 ou wopensom | “se poanduoo 9 es r= s04op 27 PUEHOREUOD ean: eee Petndt aq 1ouues yoqym aaueyLeutt | 5 1 Je wonerpralad © $1 uoneDunad je13U98 ¥y -sauoy sy an ou Jo 30aej | [sooro0e SonT oor IST Ta gh tuape2ap e 30 arse seypasoy ayy ut aseys ay ao rod ‘000007 | oo0'00 uywiams ayy 30 194 we uaye 4 Soounouas a a ese H2N 0 wonorounuas posoua8 Y For pasUN PuEIUETEA, Twauicnbg i Oovro0sz | 0007000 oot d_| o00'0007 J 2d SURI yes14a2 5 opoH wor aa puokeg aourpsunan aanouop Jo 320] 10103 Bureg 21047 6 gn 19 8 44 pasi0f 5 910s ay3 sours Uz0U! amp ples uonesodioo y 1 20U s1 auna2sip goo‘og0'zd B4L ssopiadosd Su sesso 7#1510U09 01 Yononponuy— 97 s01de4> xe s2oueg oy uonanpostul— 9 49x24samsn.no pze04 SAINUA BUH saps oS pce 00 5800 AND aouopayt > oso potuse 24 8M AED 2DUOp ayy E “gua 79a -sasodind aaneaysiunype % wpe yd ples Jo %0E UE ator yo, oj saps. past 2 THE ee soa tore . ‘QUIN (E) (7) TOT 225 295) xp saouop wo xiao ae vopmpst 30 woneZtuelv0 214GO.NUeIIYd 30 gq veruvdie nomuino8u0u paypane 'UORMNSUT “WONEIOIOD ayy eos so rego ‘nou ‘ajgenueyp 30 pue [PUORENPA UWE JO OAK Uy sy, 1 slg 5 waned. pajonues pus pauno-y2u419406 9s! Y>IYm xu0g puny 61 wonouop ayy ‘uae wawuia06 0 Buiag adware si pg-dac 02 uorrouop ay, 5 i pa-daq aun 01 oo0'00za pur 000'00zd Pareuop epeasg ay uopensni ‘sourddnrgd aqp jo yueg pur] ain or spoo8 jo yom 272s 10vop woy yduiaxs axe } 8 6140 ayoud 30} parony Pawan Agua Aue 10 3uauw3903 a wWaWWLaAo8 ples ayy Jo uo|stAIpqNs un? Yu are yoy sarDuade st Jo Aue &y leony tf Jo asn ayn 103 10 0} apewu SYD } SSSA WSUTUITROT yy OF WONCUOT ” 01902895 9 pou 2 As 4 240 919 949 Bocas an x aves tay Ht Dy a Patp Dsyy Bununssy Fano ED a a so aE nen LB UU uo axon 24 IHS MW nowy aa = fe anion aus fa 24 pon sens oP ota aayap si. 210 iW MLW 2a nep 1 "PHO 29 eo ugiey op ame wou oo0'00t/ Td ‘0P alqesoaas e apew O'S 7 3 jens 2106 Jo wusuyny P0403 won I aM 30 JO ame9a, 348 40 asneaoq 'sasesy “2, S¥s8unUDD py Nad WEIN saxo ‘uoRIpUED Pn 2 ygd i 9KRO oR 1asay awos jo Buruaddey a Pima 229%0 oy st "NSsounouas soup ay saoypya woul sre ui Y TOTEAUSIO WON UOU PUPAE Oy WORT FL J0u09, : 809 C id op aug Jo wondayiad pue uonajduoo uodn ajqexes ase Ay, “Avsodox EP uodi ( ‘(eo0z-zau) age gnuo> © st 970m [HUM possum Gide WH TEUH)=M 6.40UeP PAL u siajsuen aqeooary “Z woneuop (euoRIpuC) “T se sgouop aun £q payrsads st yoryin quasa aunany e Jo Suuoddey ayp uodn vue (I! dIYSIOUMO UTaL0yM Ayradosd jo suajsues ov surEUad SILL (s1ojsue.n arajduioouy) sramod peasasaa yim woneuOd wpns ‘fuo 42 “SGREL aaEeL sopradord wouGs amp UY aIeUS [ sty so osnods Suyajamns ayn £q woResunUe oe, sau Saray Afuo tpi WOREDUNUY, —agexe | lurexa SHOT weap S10Ur THIA woneDUNUIA a ‘ToRPPURTaIIO uopepunuas uo saqns yo Areumuns “sup &q pauno st uonod sya ao1p ION 010126 +0 2yveds “ainayst fo ss0yp10621 uopouop 2]qox01 0 St 3uIDS 24 “uaspIIY2 Vladoud uouluio3 ayn ut a40ys 900'000'Td 424 SeDunoUaL KSI “> qozaua6's; uonoisunuas aip fr adutaxo ang ‘yfiaads 5} uonojunu2 sip fj aygoxon oq fous auu0s aya ‘BDys ooU'SEEd 194 SeDUNOUML A SIWY Si -aeiso aigeinquastp au ay ul (¢+000'SS/'Td) 000'SBSd ateoas IIEYS A “SIN ‘sy ayeisa ajgennqinstp 29N 321 912355 (a/wea) asnods Sutstams yo azeys 3571 000'000'2 d 000'000'T d suononpap Jaye a3€1S9 19N WOOO TOTTITT OVO, — suoponpod 200'000'S a oo0'009'E 4 o0g'00F'T d sansa $5019 “oy aouey— —ayeretas— -oyeyso ajqeang}nstp 204 5,4 uH1J0 UMOPHE—AGe st ZUIsOTO} SUL 14 24 Buowe panguisip _ nbs aq ous areas si etn WaUIersoy PUE [9835] SY PAveOMpU A ayy “a f2nep pue s wos ‘asnods sty :S1194 29x08 (RL PIP AW uonensnitt -qexousd a0 ayoads S11 somaya jo ssaqpseFai uonewop a1qexe ixew au jo uonnjossip uodn IeYs 19y/S1y Jo asnods Sujatains ayy snouowo ue fou “uon0p 21 suopeUo Suo1205 H70!20SS0 0) suoryDUOp ST012U ae 24 soy {G10 or eases soup HONE EET ON op ay ® &q pazanoy aq ash Tor open APA nee 2200 os vn OH 0p aay 28? 2UDH “ORIN aU 30 (E)LW) SwonDBoss V 01 suonouog snoynsv49 24090200 onepuny a 87 m 2009 oof og or aueD 08372 oy euonf ed 4 Sousi amp 01 Buy a upso3e Peete Ply oben, om a 000 24a posnqai eo sanqsip wonepuned itr Sala Po osueay er ooneannd Ls 04. 7 ae Ce “00 Woy wonney tas PMAFUGD- at 2 0d, ny 019, ‘Cropoyfauag ayy op auins aya 2502/24 wang up 1245 UOH nziuv610 1Yord-uow ays, a}duinxa ano ut uonpunos oxjwuodoy ‘ans ayn) WORDA! 16410 ryford-uou payipaszs0 up 07 wady6 aq smu uonDUOP anu 29 0959020 M150 ‘oafqns aq joys uonouop 000'900'ed #UL dé atp 03 g00'000'za pareuop pue fexsdsoy aya 03 papaar0ad jeuuiisy 4apun s] OYM WOS sty Jo MOREDpaut ay 30} opm ae eueuy Hus st oye saved Sumpsedo. uonePuned egqrutedeyt arses A pasosuods st HM Pe AL © 4a pauonel os seit opoaquiy ud spre jo sauiepyatiag oy uopeuop asid - Z woReASML qposquy AN S52 “oo'o0sd 99 104s 318 294 uh ayqoron 29 04s wonOWOP 242 ‘uoRPzTUoBLO 20uop ppaupai220-uoU D s} N¥aIa Jt iu a9 joys 26 ou ayy aduuaxa 99 1045 ods puo aunying of youno) jouonoy aia “#1) fouabo Bunp9s220 "eq panpeiso0 uowoziuoGio youmyno seu0p 9 st NvAIG St -sezapso9 aun ty paystIgeNs? ‘yvara 0 g00'00Sd PareuoP OLOPISL HW ge ue 0) uoneuog - T UONENSMIL opouop a4 (4 aoudosddo ya ueB10 yeanyna 1yosd-uou © SOdN Pap? samune [euoReDNp? 40} —uonnonpg soybhy uo wo}sstutHOD *S samange fesmyyn9 10} — ‘suy pup aarayng sof younag |DUOREN' “> “tswdoraap sizods 10) — uopssrumuog swods adda’ ‘sonjanoe 2ynuas Jaiyo pue ypsvasas 40} — AGojouysa, pun aouayss fo quaunsodad? % juauidojaaap pue aseyjan ‘suosiad J2P| ad anos ut paBedus asoup 09 Pa uoqrepunoy SUOREZIUCRLO 2z2J[2A% [EOS aygesi 1 ‘uawwom ‘PI ng Huypnyo 20 pue ajqentsey> 10} — sonnue ywoulurano8 SULsOI[O} a 0 LI n seas uoRDUTY WORENPDE up “LOZ yeoypya) ODN 40} [PUNOD aurddmid fuop jo woneUpamse ayy ‘AIsnow.eid sapuedy SupIpoD9V a qe ase suonnsu.gauep paupasoe tot suoneuog 3duioxo are suonngnsur 2auop paurpazoe 0 SuUOREUOC “Souase y ae sannua aauop ‘aomeud Uy] Wauwsas08 ajqeaydde ayy 4q pep ‘y 2apig annnoaxg Aq pausajsued 91 soquanoy aancailg ‘ONDd) U0! aa &q paypurey sea suonnansut 23 ry sy ut payesausnua sasodind yd jo susi05 2910 r&gniua 2auop aL °S 5 cuowesodz02u Jo S2P2 510 uonowoud pu quot} etuo298 an Ob Sea pisqns ‘suoeuop ‘atwoou suf ITE a2049P *STt ex ssouog 03 voRRApOAU = ST JEDese eden 04024 634 yoy q : uf 30} SONIA AAI] Lays : ‘Auodoad &y ra $ vo asnods Susans 217 Aq woneDUMUay Mae yoyuljo UOREOUNUDL Dyryaqe aqqeooneuitst 980.1 Ur Uoeuog fadoud jeuosiod jo taysues, og z anor Auadoud Jo Jaysueay Auadosd jouoneuop wang , :suoRUOP a1qexe} Jo sodwexy anu 1 S70 gun pay pour o awe r a cn ofgas ave euo vopduora asp Suowe Ayenb 20u OP eM suoreugg : NOLLVNOG aTaVxy, = ovose_4 sa s8009g wo uuoneuop aduraxg 'ssay ogous 4 18 ssoug ‘Sos pandas q jeys anp xey s,touop s,opuewLy mur MT 5 ao — aovooe a el ongtny 4 a 0 su suoneuop om ave 294. JER wonpuo ud 208 PD eZ OMl9U 91 OOO ODE 9a HS Nov! ooaagsa poeuop opuew¥ 2) puonensmit Dols 9 fe yo ‘151 4anquonevop page? et -xey s 100 0 UDP Feu {9 wo4j uoneuos sAouoP Sey QE ay ode copa Jo uy sxnoue 8 TH oop MA S0u0p 9 fu 13 8) § OUP 0 waa tae vosiod sownoue dena ypods Av souop oth ey Poypiads se ri ggg MMPS PU Jo won 05 uo N30 . Yio arpa egal amoeangs 820 S897 Ausodoud 49 JO. XE) doje ea a “ELS 040, 29 -ujazayp Suypisoa you sourddyyyg otp jo suaza jo Ausadosd aqq@uequt Jo wadsax uy s9}>eze4> Aue Jo xe) J9jSUeL P noneuop 40 weap sit Jo awh ayy ve Yoryen AnunoD UBt=x0} qos vere pu uaz © Sea LOReWop ayy Jo au ayp 8 LOUOP HL, jou PIP jo 109 “ao v a sourdaiiyd oun ut uxdoud euosiod aayBuenu Jo suoneuer oot AYDOTEPIAT TapUN TAMBNS ALTOTOTEATO TONETOT -xey s,10uop 01 39a/qns 70u aze ssoUop (VN) voge maptsoxuou 4q Azjuno> uljso} © ul pains daradoud jo suoneued ° ‘s1ouop uatje juapysai-woUuJo suoRreUOp WTO ‘aauop ap Aq pasryox uoneuog *€ Aysodosd uy 40 Auiadoad yeas Jo wonewop uanu® JO [10 Z [ou sey oy uosiad e Aq uoneuOG “T reuosiod ayqrBuer ‘uojinzaxa 0 sy2afap wate uopoUod ‘Auradoud ayy 03 ann [ Auredoad amy jo suonewog “9 suosiod pareysedeouy on suoneuog °§ aoqyjo sty jo woseas {fq suepuaase 10 sjuepuaasap ‘3j¥ il 40 Jo2qyo 2119nd ¥ 03 suonEUC “> 4oasaip wonesap|su0. ur’ssuayo peurwuaa awe axp Jo Ain8 punoy suosiad uaaanaq sone esr ge 120009 650r4~1 w'9 ‘opnagg SA Kundwo aouvsnssy ArT UL) oa pjay s} uew payszeur AieBoy © Jo Aoyjod aouesnsur at aya up AsesoyaU—q ‘uop © ‘99H "22U0p ot 40 U nbsIp tou Jo Az91|4pe 40} WORDAWOD [EURLD uomewop 30 SBeujqnouod 10 Araynpe so And 219% oun suosiod wasK2q “aylsouruadaoxa ‘sasnods wo9%naq Wo} :2p09 I1a19 ayn J9pun uorrDUOP ParaIYosd ‘uomexe jo s129(q0 you ase YoReuop plo, -uonnaaxd sToup UI S1A}OP yar asotp pur me] Aq payqmyosd jeuayew you st ae ogy apnjpur suoneuop pion “suoneuop plfeau| axe suoReuOP pIOA SUOMEWOPTIOR |, xe] $s0u0q 0} uojranpo.tu~9T sa1dey> a ‘yf siowop WN Jo SUONEUOP yeuosiod oiqi@ueruy 0 wadsax ypu pasodwy aq [reus x2 ON pion! | ‘ayn Ayposd904 UL Cy paisnp 32 52000P AU, ‘ yews nan ea ‘aap [nS X82 $40U0q seopieburand OLS sonnet won E80? ‘ayep 03 X82: 10g nw ooo'se od Ins 18 224 | xy 07 92/95 13 \ at a aonevop 149X359 movsz— yoo 40 + 000) 38391 TP, | oo0'006 J | “omy ‘anp xe) s,20uop ar “sos ano Oe ROR anp II wove ope 0 7 pa boos eae an morvolgts uit ON boost Hans a maoost_a voneunp song 301 oovoor a (woo +001) 418 19u Yer0L, remy :smojoy se nda ‘ogg 94s anp xe s,20t0p ULL TWONDUOT TOE" OR (ooo'ost 4) 3 palqns y13 IN vovose uonewop adusaxcg ‘$5211 ooo'oor yd eN rewy— “H2q[eys enp xey s,rouop aUL 00002 Pua HD FL: ad or — Tea aR wee 7 Wis Aepygse TasTS 701 AON 00008 |S Bufppam seragaig}— ono OF aD000r a Ta et | sare —} S102 ursuoReuopSumoyoy aug apeus JOUOP ¥ Zuonensalll %*1souog ~ pt 121424 a OUSee a s10u0 pau xe s,0u0q oov'osc's d oooos7 — uwoneuop adwioxg :5597 000'000% 4 ‘UIs ON Suna “osuoyty aq “uso9 334 51 1 900'000'PJ0 anjea e yaya YUN wnUtHOpUED e pareuOp osozaUaN “14 “6TOZ UL Tuopensnit ‘ampnns aes xe 2x9 418 oD0‘DSzd aus, Bauop axp 0 sonsD2e PE Aza OU UT St! asneaaq uoNDNPIP [EUS Ae] NIVUAL XR Japun UoRduxa w!3 OOO'OSZd 1p plnom astas uounwo>‘aou9}"2auop ayp oy sansDDe ENN J9}SUEST 1j0uDq 21uoUND9 Y0U se SY Tou pauyap SuoRE|NBes anuaNDs aM, ‘S19p01.01 910 ssouop atp joaued 1945 euy sigauag 214N0U032 se paveant 9q 9st ou ut aie ap Woy 1 %9 Er DO'|OSZd BARE SEONG quay oooosza dn aney xe, s,10u0g -souop ayy oy sanupoe yeu Jaysueny a4 WOY sIytaq sIUOUODD I9U BYP 07 $1950 4715 IN uoneuop Aisne saye shop og wiynim pred st xe oy, yiS 19u 49U/sIY oda: pue aujuuiarep j[eys souop aip ‘uoneuop aiqexey A1on9 Jog “siseq 2294 sepuayea e 190 pauiore1 szi62ou jenuue wo pasoduut sixes .ouop ay, ‘XVLS4ONOG 3HL —— x81 ,0uop aindwos 01 a1qe oq “E syi8 204 sajna uonenqea atp aeisaiddy 7 18 yuo adaouon axp saisew pue puersiapun “1 fo poraxo ave siapeas etdeyp sia Joyy sanaalgo puE mararang Jaadeyy ea em XV.LS.UONOG LU daLdVHD xe1 ssoueg~ ct saydeuy fuse)a uomvewp 0 sep an tn asaseau pausnged issn repuray wt Buueadde anien aq a tyne wou en sed ~ p30 paseafaig 4 prem ais 4 Lonesep y sep on 81-254 ws pay = pos p ries 1 ~Sppsedosd youctiag “a Gamo #21 Assedosd poay -y ye saves 378 yen sed 0 poe asnge 38 ood 2 77 xpos 259 29144 01 pun YY sBoxa40 aang foreanio iia a sain jo saendand 304 ra) v0 pod? CO 0ERM 19p Aasadosd yo worremtey ovnse Paneuop huadod stp uo szmuesquinony “y ouoze ‘sepusdosd uowwes jo uoneuog -E gor wonenfesjo Buren. 7 ona a4 ta Bunsest mawigayaon sopeuop sic ser aeen Soy -smoqo} 8 paindwon ‘90g 22499 es 39 He sop oat WOROUCT OLOE FY AIMS] mr np nsx ssouog vover— woneuop aout ttenp ted se coves aep om siouoq een Pontos a u pay aunowe sep sup ooo'oso't & ret fe a ove & (o0r+H00S + 4008 + yo0t) 4A 9u fe eudaeindpmpind ae a oavancsta ~Sonadosd sayio 7 ELS 0000 ~ £1 mide Ls souog — pr 16? >...19 open 02018349 Jo SWuOWUISse sowed 90238 POT Soon asoxy ‘20004 A two suontedyiqg 04) ofan NPP a a ang 02 BUIMEIE TS yeuop au ia Sie sa P saa pans ase wt faded uo saouesqunsug are 3940 pote ‘sauop ath Aq pawnsse opsaydde 91ru si, yno-02 so uoneuoP. sopodoud paumne-2? — aan aap xa s 000g | pep —a Sa :kq Adri a = 1012219" 16 29N doves: 4 ooovse_d {iB dary 8507 | wovasz— ws iB N rt 4 0000001 d L Pera: aT ‘saouop aayjaadsas ston ut uoneuop ax 3 ey uodeseys wosdel S4N PuE ayy ‘uonenpesd siy 10 wos ota 01 gon 90072 ON #9 aU puesge paEUOP Uosde| SIN DUE AH wonensniy, ap 0 apop équseg aup pue saurddyg a Jo apoy Wary auf Jo su auauniad ayy 0} quensind guasuon Jay ynowpias ONeUOP ayy JO AU ‘au uonsanb oF ayim ays Jo BU ayy oy aoipnfaad nomi ‘sasodanc 5 20Uop 10} Jouop au ftuo s azaiq‘uonewop Jo paop oxy pauls puegsny a4 ‘quo pue Avadoud Aumuoo so jen(uoa est parewop seas eyes J 49AIMOH, “WOREUOp a4) 10} suuNyas xey s soup SYEIETS a Ueysypnata pue puegsny au jiain fq apeur% pu puegsny ay Aq ape 4 Pauap 51 Sosnods amy Aadoud unui 30 feBnlued jo WoReUOG 1815 20uop aip jo sasodand 29} sraxedxe wunsip pue ayezedas se parapysuoy axe ‘ay pue puegsnH Sensadoid wowmios jo wopeUod fo ncaa ts todo | “wonpuop fo as0.1402 048 Powonetdd. wd oefiod 9 fo nyo ay ‘0vo0v 2420 panyoe se joueau 22 514 fo tuo no +2640 4 9929 39 -wonouop ayn fo wo 1924330 Gadoud ayn pa hho 2afied fo aun avn yo Bur jsut P08 Su as spp Bu Sm X81 Sdouog — 1 saxdeu? quounsaau UL "PAP "G99 nV] sKep ans, ‘gOU.gDH'ZE sem olloruod ayqjo antea 2 UOW 0202 ZT Ain{ wo Wexy puvog yan aun possed AesITEL “IW, “uexg pICOR Vad 211 JO Butssed s sone ayy uodn usin “00'000'Ed Jo anTeA aYeBOARTIE we ep ‘yatn03q SIM] 1 WoReuOp [euoN|puo: ‘ste PEW NAD “aH “6LOZ “ET sOquIOAON UQ woneuop euop}puog :z uoRENSMIL “000'000'rd 20 panyoa aq oys uonowop ayy, ‘000'000'bd taz0M sem Ayradoud axp uous Jo sone) wap paxsaysUER ppue diyssouaso siy pastem Anuonbasqns ¥ "ay{“9OO‘00S'Ed WAIOM sean 4 UY 1 000'000'Ed Sem Auodosd atp jo anfen Bu. “A say01q sty J0 20ne) wt AUadoad [enuap|soae Jo zajsuen ayqeroaay e apeul YIN, uoneuop aiqeooaoy :T opeNSNITL ‘svonpto9 at) Jo JoUop atp Aq 12nte% Wodn 10 uoneUOp jo sua atp Jo 99U9} aun Aq uonaeysnes uodn paisajied pue parayduoa st uoneuop ain sUoheuoy! uompua> ul ~vauep oy Aq aouerdaose uodn pavayied st uoneUOG ‘onewop ata jo wons9jJad 40 wopajduioa jo.1uod ayp a panqea sy uoneuog Ajo wonenyea yo Buu, ‘21048 000°02 «oo Tt se poindwo> ‘ooo'ozzd 1 418 224 w parsodas aq yous danoag sip fo uotouop of TOOT 000'000'TTd DONO F oon 000'sta axeys zad anyea 00g soars uouuios Buypueisyno so soquiny :Kq paptald, ‘Se1eys UoUIUH09 0} Aatnba [eNpISaY (000°0t x o0¢d) sy20%s paxsayoud yo anjea seq :ssa7, Aumba s zapiouyooxs smoj[o} Se uoneiodioo setsoaut ain £q pay stasse ayp jo anqea sey ayn 04 peas anotaim parndusoo 2q Aides yeys aN MOLL AYR z9pUIA [cov oad jo same aaew pron ea SWOUAESAUT Savor Too0'o0sz | 000% Bupa, 0v'0009 ¢ | 000'D00'S BUET Iesteadde | onyeayeuoz | uoneiepap | anteaxoog suepuadapuy xh ssanjea 4ooq papiooa4 stain Woy uazayyip “Shlea ares num siosse Buynoito} amp pasopssip Anus ata ‘aIep ays aoUETEG ary, xe ss0u0g ~ ct saydeyD,——penoo UI = aq yes on evop E92 BDU uoxe1 futadoud fone on seed fop- 0 19909 2 000'00%a op ~ § 3snny op ST Iudy 3 gna 0) 000'002 d~ BT Hse 4 vervongstyo1uonevop= 2 eNsg94 ys 1008 xg une 208 12, ag Pons P ooo :paurew Buns98 sto eur "waza wapIsed “UEPINED ayy aaa an suoneuep Sa 28 PE Ne esEDII POYEBONUy SNOLVUISNTI GSLVEDALNI -parayduoo so apew sem yi ayy dep ap wou Sep OF UNNI waLUUL2ACB axa led pe ‘pods pandaa se feOTIPHe 9% PU AULLID.0p tot ng Sony enpesp per ara joey 198 Oe Lepusyeo au so pound e sano seq aetna uo 51x saou0p a9 jo uoneARdutOD ayy, ‘)NLLWOdRA GNV NOLLYLNAWNOD XV1.S.10NO patroiwop Stoop aip aay Ayjedqunut 10 Ap aap yo zasnseany pazuoyane {Nd 1 42oyjo wondaijo9 anuanay Asoyyo>ENsIp anuaady jueq age pazuione uy" SSuymojio ota Jo Kue 01 pred xe3 aya pue pay 24 ovum oi ‘syuied ssyniamosouotsiuuoy ann asaya sero dood tangas 2xp ayy 09 2194 ‘sambas Kew sauoissrunwioy aig se woReWosUy saying yons “S ae ‘Sauop aipjo aweu ays, F ak ep "sues 9 Suunpapewi sys yu snotaaid AYE WeMoH pue payers suopnpap au 7% oo ‘syi@yau Sunduioo PPPPPAT 70.015 SOR 2 spuay ayy Bun peu ng tora =o as ypoys wanyas OW ‘BAMA xe) s touop ayp yo 1:71U°D ee, _— 21 s4ouog — zp s21de4 ze9 “Auadoad Aqumum0d 3 0 eBnfuoo axa wy azeys Modasd untae nPeodsai0> sma ayeredoev ty eis sous ee 9431 S29U0p fexon0s 01 ope giuasa Aep af8urs & ye uo ‘peur suoneuop Joy pasmbos ‘S} wimar uo AUD “vo autes ai) uf apew yi you snoysaid Aue uy re ujoaoyy Bupsoyar rok gi Buuinp sovep auatoyp ae apew suogeuop 40) pase se mboa s| wma sueaedes Y pets uoneuop ata Joye skep og unm pty SO08T 08 ig aed Sums ‘Adoo ssahedxey ‘doo oto "Hla au 64 wayer 2q 9 Saidon omy ‘sadoa aneaycin noead uy sajdoo aveoydnp sasinbax me] ayn ein a0 ‘uoneuop 42999 10; ooxtdnp us wimia1 xe s 1040p eyneo sapun ysyduoaze oa pastes SL suel fepads 1oxR0 40 apop orm sapun aduiaxa feoyieds s1 voneuop am ssotun ‘GoouIpur 40 aBo.p soxpeye) uoneuop ¥ BuppeUL UosIed. uy NUNLTY XVI SYONOT ‘won owop fo nop 249 30 Ai1adaud 242 uo woK1oBygo quasaud 3045131 2945 wononpap 0 20u SI xOnS.s0U0p ou ‘90'O0Sd 24 NO¥S YN au ayy saaysuen ain uo xe s soup 219 Suisse eys wen{ eq uonpuo» ag ov wagns sem Uoneuop au -ueN| wainosy 9H 01 o00'G0Sd Jo antea a} aBaxde we qua song sz Patetop ospod uod, Zuonensmy "2u0p ax or Bumu20e ysuaq 3RZ0UG2= ‘58 eignonpap tou st ouop axa 4 paumnsse uotiengo uy sa10N vovDoTZTa oov000s 000'000'07d 4 sonpau 300 wi0N 20up Aa pounsse suonesg9 sso wiss019 :sepaindutos 9 eys o(ged tod Joy sou ou, sam Kuadoud rasp Poumsse ojqeq wog anya aleSiout a pouinsse oufes 6 Aatadosd eas pedun 000'00Sa Pey oste puej ays, wOzdJo=nlea pey aBefr10M peg We AQ paxaqurous Sem XI puey ayy, “oukes "Uos sy & pu} jeaaMOUBe UE pareuop ojgeg uo, Tuopensamy x1 $s0u0g— /1 saydey eese9 anp xe samen OL v9 :Ag Aid niyy OL morvalans suis sogeuop 14W9XG S59, : : : : See 24 1eGOH Le, comer | pone Suu ee [eas —[oovae E50. a | o0v'0se-¢ | oo00s4~[— ew ovo ¢ ypuuo anp #15 20U0P at, mp mB RDY | anp-xoy | — xy oy nis ag regs suoneveP nsx | Smarr | sowog | wofgnsij | UPR | HE ae pred xe 2040 UBIAs04 saouog | ‘S507 ‘BaD | 189 [20], ig ots ae yy ajgexey Supmoyjoy arp jo. eos a tomar 4 000009 d ate Soya soseanye xs ouop 29 9 pam Smo), sem en azn} ou! 1 PRowny “ayy Bujuunssy gunp suopeuop Suynorioj 248 aPeR HSH Fi saeak ayy SMP “eanuno> wb}240f U0 °T WOR 00ST 00's’ T0005 | po 000 T | vowDET TAO ‘00zr ‘o0'ee|"000's+ —oo0'osc | conver. 0690 syjfi22u POA 000'EE 0 000% | o00'0ss —T oo0'009 7ReW | anpxey ssouop auiddid 7 you uB930 01, d[ 0 ato d {0 [oov00ea | z wor BRAS, aoa ‘ap | amir) | aap | Ravan — pa} — ag dso uy pas ms sso4op pu0H a pue zuno> Jad akgesoe ansxoy | smorrara |_sowog_| ssofans vig i no ogee PX 801 Ssouog | 33507 ‘aaron suoperndwo> fuoes03 sy qe Buymoqo) 249 Jo yoeosoye xed 9 sae XE SOUP 249 94 pjnam aL MOHO UL, sauoiap Ayenprap s| xyune> ed 30) 4P93> ¥8) 9, “oun warn D1 5] pRoWDpy ‘aig Supsn ysuy paurussarap Aijenpraip: Spay epatioe wlan OP U9Z[119 0.40 IUAPISA Ds} prownyy “sy 000087 | su pHON, 00007 — amps sovopauddyg | DoT oy ‘yeu Anunoo uBiavoa oe yuu Burano|f0) 242 (amex pur pred xe ouop uo} eniveatp jo samo] aya aq yeys ypaz9 XE UHIAI0) YL ‘Aaano3 Wbiaxofoug ayy pay xe, u}2104 10207 UI Suoneuop Buyoyo xp apets Prowey| “ay, Zuonensniy paressaquy “Pasjoaut aze saynunod uBtasoy ajdnynus 10 Anjun02 ‘Bian offs © saqaym uo Supuadep pandwor st pois xey uB!9J04 40 24ep aun wos aq isnul 2s iouOp ayR xe FenUKE UE S111 29UIG'siseq [eUONIeSUE EUOP [EMULE Wo XE e St apad xe ayp UL xer s,1OUOP SUL aR uo 04 5mm $040 ‘sy uBie10j usps: 1 uo pred 5} nq suot = wat DU aah Sms aan 38 tOReREa: a ue axe ayy azjunA9s Oh 2 ‘ssodand sep oj aurpi ue neindas aif Beene nd Aue Jo pronap sy suone|t NAPEtSM Soup sp ERO DUEKOTR ay 30} Saptaoad Ajaaau me] 9UL NolWvoriday asy9 TvoLLo¥ad eT WS age aiqeded xe s 10000 ooser gas touop amddinnd aupauo xe uB(az04 00st g “ss np xe s,rouop [e10L “4 EUS algeced xey s,r0uop a4 XP Souog — pz sardew 00'000'T d ooo'oDz 4 aoO'00E 4 oO0'00S 4 Pel eso emer aurea) ———vonenog, ‘ueaf atp Suuinp suopeuop Supa a] oorara (HAO) pa49 20 susecruy wyos04 wore ad fonp xe onn'sva x Wt/4o0z+A006)) saynasy worara ‘Anwunaa 394 ayqemony 00S ptcerageon-4 AL, 00 — toowrssaxms/aooen) an faves WS 4 pred wuncwe pemoy ooset dey GOST (000s x 8/400 wooed pre OTOL, Apes Knyunan 44 Se paUlULNap 94 jTeYs YIpe30 20 Ssouop aus, anp 121 soup pevog, “ha Fangs yt you yen wduiang ssay au jogos pao se paandusoo 24 jes suonewop aug wo anp x a4 00's ooo'tz ooo'st pred xe ssouog yf sou pero, 1s94e ouinssy WZ wonensnIIL cos a anp {ins x1 $10u0q WOUFE— WOOTZ— pred xe s zouop suiddyiyg cover paso xe uBjos ooo'se a ‘np xe ssouop [e104 199 eUs‘@iqeked see Ss080p ou) voor a YAMOT-4ps.> xe uBiai0g | woe a (000'6¢4 * 090'0064/000'00¢4) stun] doo a Pred xea 5 s0uop uBjas0y jemay 'se painduoo oq jeys pasa xe owop ayy, Xe S0uoq ~ ct sandeysChapter 17 — Donor’s Tax August 4.2020 donation Tax due on P750,000 global donation P 45,000 Less: Donor’s credit Tax paid prior gifts - Philippines P 21,000 Foreign donor's tax paid 10,000 ___ 31.000 Donor's tax still due P__14,000 Adjustment return at year-end Although neither mandated by the law nor the regulations, an adjustment return at year-end is inherently necessary to finalize the amount of the donor's tax credit and the final amount of tax still due or refundable. Year 2020 concluded with P1,000,000 total gifts and a P750,000 net gift subject to tax. The donor's tax for the 2020 donation is P45,000 since there is no more succeeding donation from thereafter: The foreign donor's tax credit should be computed as: Actual foreign income tax paid P__10,000 Limit: (P150,000/P1,000,000 x P45,000) P6750 Foreign tax credit - LOWER P___6750 The donor's tax still due shall be: Total donor's tax due P 45,000 Less: Foreign tax credit - finalamount P 6,750 - Philippine donor's tax paid —— 35,000 41,750 Donor’s tax still due J 3,25: Note: This Philippine donor's tax paid during the year is computed as: March 5, 2020 donation Pp 9,000 - April 3, 2020 donation 12,000 ‘August 4, 2020 donation 14.000 ~ Total P3500 Tax credit is limited to residents or citizens It must be noted that the privilege to claim foreign tax credit is allowed only to citizen or resident donors at the time of donation, Non-resident alien donors cannot claim foreign tax credit. This is due to the fact that their foreign donations are not taxable in the Philippines. iscsi fag