Donor’s Tax

Donor’s Tax

  • Is not a property tax but one which is imposed on the transfer of property by way of gift intervivos.
  • Not apply unless until there is a completed gift.

Essential Elements;

  • Capacity of the Donor
  • Donative Intent
  • Delivery of the Gift
  • Acceptance of the Donee

source; Transfer and Business Taxation by Edwin Valencia and Gregorio Roxas



About Jonathan Ruiz CPA

Entrepreneur, CPA Mentor, Stock market Newbie Mentor, Influential Author and Master's Degree in International Business graduate in Hult International Business School, UK. A father of two lovely daughters.
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