My wife is a Philippines national and I am a UK national . We have been legally married for many years . We live in the Philippines and I wish to send funds to my wifes bank account in the Philippines from my bank abroad for the purpose of purchase of a residential family home . The title deed would be registered in both my wifes and sons name , with my name added to the sales contract as the provider of funds .
As I will be sending funds to my wifes account for the purchase , please advise if there is any way this transfer and property purchase between husband and wife could be viewed as a donation and if a donor tax of 6 % would be applied . As I understand it there should be no donor tax as it is not a donation but a simple purchase of property intended for family residence .
I know quite a few others who have been through this process but have never had to pay a donor tax , and only pay the usual taxes on a property purchase at time of sale but it would be nice to have some professional opinion .
Many thanks ,
Mr David Knipes .
Réponses d'Avocats
Romano Law Office
Non, l'impôt sur le donateur ne sera pas appliqué puisque ce qui apparaîtra est une transaction de vente, et le fait que vous soyez celui qui fournit les fonds pour l'achat n'apparaîtra pas dans l'acte de vente.
Gratuit • Anonyme • Avocats Experts
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