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What is Donor about?

1. A widowed non-resident alien donor made various donations on the same day including a house and lot in the Philippines worth P2,000,000 to a daughter, a time deposit of P500,000 to Development Academy of the Philippines, and a savings account of P300,000 to a son. The total gross gifts were P2,800,000. 2. Mr. Pantaleon donated land worth P1,000,000 with a zonal value of P800,000 along with cash of P200,000 and a car worth P700,000 to religious organizations. The land had a P300,000 unpaid mortgage assum

Author

Rey Perosa

Language

EN