SEC. 74. SEC. 75. SEC. 76. SEC. 77. Declaration of Income Tax for Individuals .............................................92 Declaration of Quarterly Corporate Income Tax.....................................93 Final Adjustment Return........................................................................93 Place and Time of Filing and Payment of Quarterly Corporate Income Tax............................................................................................94 CHAP. XIII. SEC. 78. SEC. 79. SEC. 80. SEC. 81. SEC. 82. SEC. 83. WITHHOLDING ON WAGES..................................................................94 Definitions............................................................................................94 Income Tax Collected at Source.............................................................95 Liability for Tax .....................................................................................97 Filing of Return and Payment of Taxes Withheld....................................97 Return and Payment in Case of Government Employees.........................98 Statements and Returns.........................................................................98 TITLE III. ESTATE AND DONOR’S TAXES........................................................100 CHAP. I. SEC. 84. SEC. 85. SEC. 86. SEC. 87. SEC. 88. SEC. 89. SEC. 90. SEC. 91. SEC. 92. SEC. 93. SEC. 94. SEC. 95. SEC. 96. SEC. 97. ESTATE TAX........................................................................................100 Rates of Estate Tax...............................................................................100 Gross Estate.........................................................................................100 Computation of Net Estate...................................................................102 Exemption of Certain Acquisitions and Transmissions..........................107 Determination of the Value of the Estate..............................................107 Notice of Death to be Filed...................................................................108 Estate Tax Returns...............................................................................108 Payment of Tax....................................................................................109 Discharge of Executor or Administrator from Personal Liability............ 110 Definition of Deficiency....................................................................... 110 Payment Before Delivery by Executor or Administrator........................ 111 Duties of Certain Officers and Debtors................................................. 111 Restitution of Tax Upon Satisfaction of Outstanding Obligations.......... 111 Payment of Tax Antecedent to the Transfer of Shares, Bonds or Rights.111 CHAP. II. SEC. 98. SEC. 99. SEC. 100. SEC. 101. SEC. 102. DONOR’S TAX.....................................................................................112 Imposition of Tax.................................................................................112 Rates of Tax Payable by Donor.............................................................112 Transfer for Less Than Adequate and Full Consideration......................112 Exemption of Certain Gifts................................................................... 113 Valuation of Gifts Made in Property..................................................... 114 National Internal Revenue Code of 1997 (as amended by the TRAIN Law, RAs 11256, 11346 and 11467)