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TRANSFER AND BUSINESS TAXATION (Philippines) DETERMINATION OF GROSS GIFT a. What is Gross gifts? b. What is Net gift? c. Discuss the rules on Valuation

TRANSFER AND BUSINESS TAXATION (Philippines)

DETERMINATION OF GROSS GIFT a. What is Gross gifts? b. What is Net gift? c. Discuss the rules on Valuation of the subject of donation -Personal Property: -Real Property:

COMPOSITION OF GROSS GIFT a. What is the composition of gross gift for resident citizen, nonresident citizen, citizen alien b. What is the composition of gross gift for nonresident alien

EXEMPTION FROM DONOR'S TAX a. Enumerate and discuss transactions exempt from Donor's Tax:

TAX ADMINISTRATION a. Discuss: Time and Place of Filing or Returns b.What is the Prevailing Tax Rate? c. What is the Formula in computing taxable donation?

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