Donor Mr.

Hubby
February 14, 2014 Non-stranger Stranger Total
Gross gifts made:
To Cupid 1,250,000 1,250,000
To Psyche 1,250,000 1,250,000
Total 1,250,000 1,250,000 2,500,000
Deduction: For account of marriage 10,000 10,000
Net gifts made 1,240,000 1,250,000 2,490,000
Donor's Tax 63,200 375,000 Php438,200

Gross gifts made:

To Apollos 200,000 200,000
Total 200,000 200,000
Deduction: -
Net Gifts made on this date 200,000 200,000
Add: All prior net gifts within the year 1,240,000 1,250,000
Aggragate net gifts 1,440,000 1,250,000
Donor's tax on aggregate net gifts 79,200 375,000
Less: Donor's tax on all prior net gifts within the year 63,200 375,000
Donor's tax due 16,000 - Php16,000
 Mrs. Wifey
Non-stranger Stranger Total

1,250,000 1,250,000
1,250,000 1,250,000
1,250,000 1,250,000 2,500,000
10,000 10,000
1,240,000 1,250,000 2,490,000
63,200 375,000 Php438,200

200,000 200,000
200,000 200,000
- -
200,000 200,000
1,240,000 1,250,000
1,240,000 1,450,000
63,200 435,000
63,200 375,000
- 60,000 Php60,000