Practice question
A donor's only completed cash gift for 2026 totals exactly P250,000. Assume no special adjustment. What is the donor's tax under Section 99(A)'s general annual computation?
- P15,000
- P30,000
- P250,000
- P6,000
- P0
Legal references
- NIRC Section 99(A), as amended by RA 10963 Section 28; https://lawphil.net/statutes/repacts/ra2017/ra_10963_2017.html
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