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the 6. Bruce owns a a car shop. The shop has a building to house its equipment. When his only son, Steve, got got married,
the 6. Bruce owns a a car shop. The shop has a building to house its equipment. When his only son, Steve, got got married, he decided to donate building to his son and his son's wife for their family home. Bruce paid the 6% donor's tax to the BIR. However, the BIR is asking for 12% VAT on top of the 6% donor's tax. Should Bruce pay additional 12% VAT on his donation? 7. Tony divided his divided his SMDC. There were and contracts made lot into 8 and sold each to 8 distinct sale transactions Tony on different dates. the BIR but the latter is a 12% from each of the 8 sale paid the 6% CGT to collecting transaction. What is the proper tax treatment of the sale
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