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How much was the donor tax for the gift made on January

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Problem - During the current calendar year, Hope had the following donations/transactions:

January 15, 2020: Donated a P150000 diamond ring to her sistw who was getting married in March 15, 2020.

March 15. 2020: Sold car valued at P500.000 for P450000 to his uncle. This was a bone fide sale at arms-length and no donative intent.

April 15, 2020: Sold his residential house to his friend for P1500000. The fair market 1iraiue of the residential house at the time of sale was P2000000.

June 15, 2020: Donated P100000 to Quezon City for public purpose and P50,000 to her brother who graduated from Ateneo.

Required - How much was the donor's tax for the gift made on January 15?

Reference no: EM132895359

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