Tax 102 – Midterm - Donor’s Tax – Part II

1. Purple donated all his properties to his relatives in the Philippines as follows:
Property A in Baguio to Yellow 1,500,000
Property B in Canada to Red 2,500,000

Compute the ff:

a. Gross taxable donation if Purple is a Filipino residing in China
b. Gross taxable donation if Purple is a Chinese residing in China

2. Mr. and Mrs. Violet, spouses and citizens of the Philippines, donated to their legitimate daughter
the following properties:
Fair Market Value
Vacation house (conjugal property) – Hongkong 1,500,000
Car in the Philippines (conjugal property) 750,000
Jewelry (exclusive property of Mrs. Violet) 475,000

Compute the gross gift of the spouses.

3. On January 1, 2018, Mr. and Mrs. Mauve donated a house and lot, a conjugal property, at fair
market value of P620,000 to their legitimate son on account of his marriage on January 15, 2018.
Compute the donor’s tax of the spouses.

4. Mr. Mulberry donated P200,000 in cash to his sister, Pink, on account of the latter’s marriage six
months after the celebration. Compute the donor’s tax of Mr. Mulberry.

5. Mr. Plum donated the following during 2017.

Date Description Market Value
Jan 5 House and lot to Blue, his legitimate son, on 1,000,000
account of marriage
Mar 15 Car to Indigo, his legitimate daughter on account 300,000
of her birthday
Apr 30 Cash to Susan, his secretary, on account of her 50,000
birthday. On condition that P10,000 shall be
given to charity
May 10 Antique items to Tokmo, his uncle, on account 100,000
of gratitude

Compute the donor’s tax of Mr. Plum.

6. The following were donations made by Lavender, a Filipino, to his relative for the taxable year 2017:
Donations of property which are located in:
Foreign Country A 300,000
Foreign Country B 200,000
Philippines 500,000
Foreign donor’s tax paid:
To Foreign Country A 10,600
To Foreign Country B 10,000

Compute the donor’s tax payable of Lavender.