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whats up guys it is gerard back to you with another tutorial video on taxation so in this video Im going to be talking about donor stats here in the Philippines so in this video Im going to be defining what the nation is and donor stats and then discuss some concepts related to donor stats and then give you an illustrative problem on how to compute donor stacks and the BIR form and the deadlines for filing so lets try to define first what donation is so donation ing to the Civil Code is an aqua blue morality whereby a person disposes critically of a thing or a right in favor of another who accepts it so essentially the donation that we are talking about here is donation inter vivos or a type of donation wherein transfer of property occurs during the lifetime of the donor conversely under donation more Tascosa the transfer of property occurs upon the death of the donor now in effect the tax will be estate tax so I have a separate video talking about estate tax and Ill link it right