Practice question
In 2026, a donor makes P750,000 in cash gifts. Assume valid completed gifts, no deductions, special exemptions, credits, or other gifts. What is the general donor's tax?
- P45,000
- P15,000
- P0
- P30,000
- P90,000
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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