1. A gift is valued at the date of 2. A donation of real property is valued at 3. Which types of donation is exempt 4. The donation of preferred stocks are valued at 5. For purposes of donor's taxation, the fair value of common stocks is determined as its book value using the . Which is correct regarding donation of common properties 7. The donation of common property shall be considered 8. Donations of properties to joint donees are treated as 9. Which of the following donations is taxable 10. Which of the following obligations, even if assumed by the done, is not deductible in computing net gift 11. Which of these donations to a non-profit institution are exempt from donor's tax 12. Obligations, if assumed by the donor, are 13. Statement 1. Statement 2. Which is correct regarding the exemption of donation to non-stock and non-profit institutions 3. Donations in the tax return is presented on a cumulative year-to-date basis. This is true to 4. Statement Which of these donations to the government are subject to donor's tax 6. Counted from the date of donation, the donor's tax is paid within 7. Which is not a required disclosure in the donor's tax return 8. Which is not included in net gift 9. Which of the following is included in net gift 10. Which of these is not included in net gift 11. Under the law, the donor's tax return shall be filed in 12. Which is not entitled to claim tax credit for foreign donor's tax paid 13. The donor's tax may be paid to the following except 14. If there is no BIR office in the place of the donor's residence, the donor's tax return shall be filed with 15. Where the donor has no residence in the Philippines , the donor's tax return shall be files with 16. Which of these donations to the Philippine government is subject to donor's tax if the donor is a resident 17. Which of these donations to the Philippine government is subject to donor's tax if the donor is a non-resident alien