1.

Justin

donated cash to his daughter on account of marriage on October, 2014 as follows:

January 15, 2015
25,000
March 10, 2015
20,000
July 15, 2015
50,000
September 10, 2015
100,000

How much the donors tax due on September 10, 2015 donation?
a.
780
b. 1,700
c. 1,380
d. Exempt
For 2 4: Jenny donated the following properties:
Land in New Jersey, USA
Land and Building in Tawi-tawi
Car registered in the State of New Jersey, USA
Jewelleries in the Philippines
Shares of stock in a corporation based in USA
Accounts receivable, debtor is in the Philippines

250,000
175,000
225,000
45,000
60,000
25,000

2. How much is the amount of gross gift if Jenny is a resident citizen?

a. 780,000
b. 295,000
c. 245,000
d. 220,000
3. How much is the amount of gross gift if Jenny is a non-resident alien without reciprocity?
a. 780,000
b. 295,000
c. 245,000
d. 220,000
4. How much is the amount of gross gift if Jenny is a non-resident alien with reciprocity?
a. 780,000
b. 295,000
c. 245,000
d. 220,000
5. Mr and Mrs Tan donated the following community properties to their children on May 30,
2015:
Amount
125,000

Donees
Elijah

200,000

Kyle

Andrew Gil

For graduating with honor in

Perpetual Help University,
Molino Cavite
On account of marriage
celebrated April 30, 2014
For placing 3rd in the May
2015 Engineering Licensure
Examination

If the donors tax due and payable by Mr Tan is 10,500, the amount of the donation given by
the spouses to Andrew Gil is?
a. 250,000
b. 490,000
c. 500,000
d. Cannot be determined
6. When Dennis Son, Elijah, was married to his childhood sweetheart, Erica, Dennis gave as
wedding gift a residential house worth 1,500,000 to his son, and a brand new car to Erica
with a value of 700,000. At the time of the donation, the residential house was mortgaged
with BPI for 200,000 which was assumed by Elijah. How much the donors tax due and
payable to be paid by Dennis on the above donations?
a. 93,200
b. 92,600
c. 109,200
d. 277,200
For 7 8: Kyle Andrew, single, donated the following properties on September 21, 2015:
Value
Property
Donee
100,000
Cash
Elijah, brother, on account of
marriage
200,000
Jewelleries
Hazel, girlfriend residing in
Puckhet, Thailand
1,500,000
House and lot
Parents,
silver
wedding
anniversary gift
20,000
Cash
ACPAPP
75,000
Lot
Barangay Pasong Buaya 2,
for use as site of Barangay
Hall
300,000
Car
Gil, brother, donation is
revocable
50,000
Cash
BFAR
100,000
Cash
Rosauro, father of the father
of his mother
70,000
Motorcycle
Ysa,
niece,
donation
is
embodied in the will
7. The donors tax due and payable on the donation to strangers is
a. 103,500
b. 724,500
c. 157,200
d. 66,000
8. The donors tax due on the September 21, 2015 donation is?
a. 66,000
b. 100,000
c. 166,000
d. 157,200
For 9-12: Spouses Tan gave the following donations:
4/16/2014
11/02/2014

To Jig, brother of Mr Tan, on account of

marriage, cash worth 300,000
Additional donation to Jig, 200,000

1/15/2015

Property worth 400,000 to Andrew, son

9. The gift tax due on Mr Tan on April 16, 2014?

a. 800
b. 6,000
c. 1,000
d. Exempt
10.The donors tax due and payable by Mr Tan on November 2, 2014
a. 3,000
b. 4,000
c. Exempt
d. 3,200
11.The gift tax payable by Mr Tan on January 15, 2015?
a. 10,000
b. 2,000
c. 1,000
d. None
12.The donors tax due on Mrs Tan on November 2 is?
a. 3,000
b. Exempt
c. 30,000
d. 27,000
For 13-15: Dwight, an American citizen residing in New York, USA donated the following
properties:
Donation Date
January 18

February 20

August 5

To Mr Dong, his Filipino friend in New York

City Property situated in the Philippines
worth 80,000.
To his legitimate daughter, Sammy, a
resident of the Philippines, on account
of her marriage to a Filipino boyfriend,
a rest house in Quezon Province
valued at 1,600,000 but with a cost of
1,200,000.
To an accredited non-government
organization, 200 sq. meter of land
valued at 250 per square meter.
To his sister, Dang, a naturalized Filipino
citizen, residing in Iloilo City, car worth
600,000.

13.On the January 18 donation (prove your answer):

a. No tax is to be paid because the donor is a non-resident alien.
b. No tax liability because the donation is 80,000 and under the donors tax table, the first
100,000 net gift is exempt from tax.
c. The donors tax payable is 24,000
d. No tax is to be paid because both the donor and the Donee are non-resident of the
Philippines.

14.The donors tax due on the February 209 donation is

a. 91,200
b. 98,400
c. Not taxable
d. 92,000
15.The donors tax due and payable on the August 5 donation is?
a. Exempt
b. 22,000
c. 48,000
d. 4,000
16.The following donations were made by a domestic corporation during the year
To the department of Social Welfare
500,000
To another domestic corporation
500,000
The donors tax due on the above donation is?
a. 14,000
b. 44,000
c. 150,000
d. 300,000
For 17-20: Corazon, widower, gave the following donations during the year:
Donation date
March 4

April 4
May 4

June 4

To her daughter, Cory, on account of

marriage to be celebrated in 5 months,
200,000
To her housemaid, Dang, on account of
marriage to her driver, Dong, 25,000
To her son, Coro, for passing the
Engineering Licensure Examination,
120,000
To Coryzon, for winning gold medal in
billiard in the Asian Games held in
Tokyo Japan, 50,000
To his bodyguard, Rogelio, on account of
marriage to his private secretary, 30,000

17.The donors tax due on the March 4 donation?

a.
2,000
b.
1,800
c. Exempt
d. 200,000
18.The donors tax due on the April 4 donation?
a. 1,800
b. 7,500
c. 2,600
d. Exempt
19.The donors tax payable on May 4 donation?
a. 5,600
b. 6,400
c.
400
d. 4,600

20.The donors tax on the June 4 donation?

a. 9,000
b. 3,000
c. 1,200
d. Exempt