Xavyera is a citizen and resident of the Philippines. On July 8, 2021, she made donations to Xeng, a friend, of properties in Australia and Thailand.  Donor's taxes paid in Australia and Thailand amounted to P95,000 and P10,000, respectively.  The property in Australia had a fair market value of P800,000 while the property in Thailand had a market value of P400,000.  How much was the donor's tax still due after credit for foreign donor's taxes?

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.