Case Study

CHAPTER 6 DONORS TAX bother 6-1 1. infatuated there is no consideration in bounty. 1. monstrous during the lifetime of the conferrer. 1. sure 1. ill-advised It is lot that the duly representative of the change donee to receive the donation. 1. True 1. equivocal Real property donation must be alter in writing careless(predicate) of value. 1. True 1. inconclusive The value of donated ad hominem property must take place P5, 000. 1. True 1. True 1. fictitious not gifts. 1. rancid constitutes dividend income. 1. True difficulty 6-2 1. True 1. False If occupant alien donates, he shall be subject to donors revenue enhancement in the Philippines for his properties indoors and outside the Philippines 1. True 1. True 1. True 1. False hardly one-half of the shares is donated. 1. False solely if the gift is on account of marriage. 1. False only the first P100, 000 is exempt. 1. False may be subject to cable evaluate such as VAT, custom duties, or mint tax. 1. False - When the donee is a stranger, the tax rate is 30%. 1. True 1. False - excise tax transfer of property by air of gift lay vivos. Problem 6-3 1. True 1. True 1. False - 15% for donations in excess of P10, 000,000 do to relatives. 1. True 1. True 1. True 1. True 1. False it may in addition be made in a break dance earth instrument. 1. True If specific repudiation of inheritance it is subject to donors tax. 1. True 1. False separate taxpayers. 1. True |Problem 6-4 |Problem 6-5 |Problem 6-6 | |1. C |1. D |1.

C | |2. D |2. D |2. D | |3. C |3. C |3. D | |4. A...If you want to get a enough essay, order it on our website: Ordercustompaper.com

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