Name:

Program:
Year:
Submission Date:

Instruction: Place your handwritten solutions on a piece

of paper. Scan or capture your output in portrait. Attach
the file prior to submission.

Problem

Husband and Wife, citizen and residents of the

Philippines made the following donations during 2020
calendar year:
June 6, 2020
 To Jun, legitimate son, account of marriage
P460,000
 To Bea, a legitimate daughter, property with
mortgage of P4,000, which was assumed by Bea,
fair market value P20,000
October 6, 2020
 To Robert, a legitimate son of the wife by a prior
marriage on account of marriage, P60,000
November 4, 2020
 To a charitable organization (25% of donations
made were used for administrative purposes),
P10,000
 To Cindy, a family friend, P4,000
Determine the donor’s tax payable of the spouses on:
a) June 6, 2020
b) October 8, 2020
c) November 8, 2020