GR: donation requires donative intent XPN: tTransactions considered by law as donation 1. transfer for insufficient consideration 2. condonation or remission of debt 3. renunciation of inheritance what is the XPN-XPN of transfer for insufficient consideration?

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Incomplete Donation > When is donation tax imposed in a donation with reservation of powers ?

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GR: donation requires donative intent

XPN: tTransactions considered by law as donation

what is the XPN-XPN of transfer for insufficient consideration?

when it is pursuant to a legitimate business undertaking/purpose

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