Donations were made on January 30, 2018 of P500,000.00, March 30, 2018 of P2,000,000.00 and August 16, 2018 of P1,500,000.00. How much is the total donor's tax should be paid on March 30, 2018? P60,000 P90,000 P120,000 P135,000

Donations were made on January 30, 2018 of P500,000.00, March 30, 2018 of P2,000,000.00 and August 16, 2018 of P1,500,000.00. How much is the total donor's tax should be paid on March 30, 2018? P60,000 P90,000 P120,000 P135,000

SWFT Individual Income Taxes

43rd Edition

ISBN:9780357391365

Author:YOUNG

Publisher:YOUNG

Chapter19: Deferred Compensation

Section: Chapter Questions

Problem 35P

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