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

Newbie Mentor and one of the influential author in the Philippines setting. His also the founder of PAM Academy and Developer of PAM PSE TRACKER application.
This entry was posted in Taxation and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s