1.

A donation inter vivos is an act of liberality whereby a person disposes gratuitously of

a property or night in favor of another who accepts it. False
2. A donation to an infant is not valid because a donation always requires acceptance
from the d and an infant is not yet capacitated to accept a donation. False
3. If the property donated is immovable, it should always be in writing in order to be
valid. True
4. A distinction between a donation inter vivos and a donation mortis causa is that the
first takes effect during the lifetime of the grantor while the second takis effect at the
time of death of the donor. False
5. As a formal requisites a donation of a movable property may be done orally. True
6. The gross gift of a resident alien will include all donated properties regardless of
location. False
7. The reciprocity clause in donor’s tax law applies to all non-resident alien donees.
True
8. A donation by husband and wife jointly of conjugal property will require one
computation of donor’s tax and one donor’s tax return only. False
9. The gross gift of a non-resident alien without reciprocity will include all intangible
personal property without the Philippines. False
10. If the foreign country of which the donor is a resident citizen does not impose donor’s
tax on Filipinos who are non-resident in that foreign country, such non-resident alien
donor should not be taxed on donations of intangible personal properties in the
Philippines. False
11. Donation is a transfer of property for a consideration other than money. True
12. In donor’s tax, the exemption is P250,000 while in estate tax, the exemption is
P100,000. False
13. Donations between persons guilty of adultery or concubinage is void. True
14. Donation of a real property worth P3,000 need not be in writing. True
15. Donation of a personal property worth P5,000 must be in writing. True
16. Which of the following constitutes a taxable gift? Creditor’s gratuitous discharge of a
debtor’s obligation.
17. On June 1, 2018. Pedro, a resident citizen, donated a parcel of land to a relative in
Makati and a real property located in Canada to a friend. In taking a credit for the
foreign donor's tax paid, the credit shall be against the Philippine donor's tax on the
Donation to the relative and friend
18. The reciprocity clause in the donor’s tax law applies to: Pinky, a non-resident
American
19. For the donation to be valid, acceptance of the donation must be made During the
lifetime of the donor and donee.
20. When a property is donated, the basis of the donor’s tax is The fair market value at
time of the donation.
21. Jan Samuel sold his car to David Guison. The cost of the car was P800,000 and has
a fair market value of P600,000 at the time of sale. The sale was considered fictitious
as the consideration was valued for P5,000 only. For donors tax purposes, which of
the following statements is correct? There is a taxable off of P600,000
22. When the donee is  stranger, the tax payable by the donor for a donation made in
2018 shall be: 30% of net gifts
23. Which of the following donations is required to be in a public instrument? Donation of
a personal property worth more than P5,000
24. Which of the following is not a deduction from the gross estate? Unpaid donor’s tax
property assumed by the donee.
25. Which of the following is subject to a donor’s tax? Transfer of property for less than
adequate and full financial consideration.
26. Lanie wrote a letter to King on December 31, 2017 donating her car worth P350,000.
The letter was received by latter on January 7, 2015 who accepted the donation. The
letter of acceptance received only by Lanie on January 15, 2018. The donor's tax
was not paid until May 22, 2020. For donors tax purpose, the gross gift should be
based on the value of property on January 15, 2018
27. When there is a reciprocity, non-resident not citizens are not subject to tax on
gratuitous transfers of Intangibles
28. Which of the following transfers would most likely free the giver from paying the gift
tax? Transfer of property in trust
29. The following are the requisites of a donation for purposes of donor’s tax, except
one: Capacity of the donee
30. The donor’s tax is imposed on the transfer of property (not to the property itself),
which is why has been sustained as a (an) Excise Tax
31. AJ,  citizen of the Philippines, made the following donations in 2018:
Required:
Determine the amount of gross gifts subject to donor’s tax assuming the donor is a
Resident Alien. P14,700,000
In reference to the problem #3-A, determine the amount of gross gifts subject to
donor’s tax assuming the donor is a Non-resident alien with reciprocity. P9,100,000
32. Edsel Francis Lima, a Tax Expert of SGV, made the following donations during 2018:
Required: Compute the donor’s tax payable on May 31. P300,000
33. Benjamin Butones, made the following donations:
Required: Compute for the gross gift. P2,900,000

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