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  1. www.bir.gov.ph › index › tax-informationDonor's Tax - Bureau of Internal Revenue

    Donor’s Tax is a tax on a donation or gift, and is imposed on the gratuitous transfer of property between two or more persons who are living at the time of the transfer. It shall apply whether the transfer is in trust or otherwise, whether the gift is direct or indirect and whether the property is real or personal, tangible or intangible.

    • Estate Tax

      Tax Rates (The rate applicable shall be based on the law...

    • Bir Form 1800

      Donor’s Tax Return . Description. This return shall be filed...

  2. incometaxcalculator.ph › donation-tax-philippinesDonation Tax In The Philippines [Latest: 2024]

    Jun 15, 2024 · In the Philippines, the donor's tax rate is a flat 6% for donations exceeding ₱250,000 annually. The first ₱250,000 of donations in a calendar year is exempt from this tax. This exemption is vital as it helps you plan how much you can give without incurring additional costs.

  3. www.pinoymoneytalk.com › donors-tax-train-philippines-bir-rr-12-2018Donor's Tax in the Philippines under TRAIN » Pinoy Money Talk

    Feb 5, 2019 · The Bureau of Internal Revenue (BIR) has recently issued the implementing guidelines covering Donor’s Taxes in the Philippines, applicable starting 2018 under the TRAIN tax bill signed into law by Pres. Rodrigo Duterte. Here’s a copy of the relevant BIR Revenue Regulation on Donor’s Taxes.

  4. taxacctgcenter.ph › overview-of-donors-tax-in-the-philippinesOverview of Donor’s Tax in the Philippines - TaxAcctg Center

    Donor’s tax in the Philippines for donations to strangers is at 30% of the gross amount of taxable donation and the tax is paid every after donation without need of the aggregation as compared to donations to relatives.

  5. www.pwc.com › 2021 › the-price-of-letting-go-revisiting-donors-taxThe price of letting go: Revisiting donor’s tax - PwC

    Oct 7, 2021 · However, unlike income tax which is based on the income received by a person, donor’s tax is imposed on the liberality of the transferor to dispose freely of an identified property as a gift in favor of another, whether directly or indirectly.

  6. www.respicio.ph › features › donors-tax-philippinesDonor's Tax Philippines - respicio.ph

    Oct 19, 2023 · The Tax Reform for Acceleration and Inclusion (TRAIN) Law amended the donor's tax rate to a flat rate of 6% based on the net gift, which is computed as the fair market value of the property at the time of donation minus any liabilities that may be attached to it.

  7. www.philippinetaxationguro.com › how-to-file-donors-tax-in-the-philippines-underDonor's Tax Train Law 2019 | TAXGURO

    Aug 24, 2021 · The new tax rate is 6% for any donations which is more than 250,000 regardless the relationship of the giver and the recipient. However, any contributions/gifts in cash or kind to any political party or coalition of parties, candidate for campaign purposes shall be governed by the Election Code, as amended. What are the Exempted Donations.