NO NEWS IS BAD NEWS: Did anyone get this news? Throughout 2018 and 2019, the Philippines imposed stricter tax guidelines on gifted money. Gifts over ₱250,000, or about US$4,795 as of August 2019, will be taxed at a rate of 6%. The donor is responsible for filing BIR form 1800, regardless of whether or not they reside in the Philippines. The new laws also don’t have different tax brackets based on your relationship to the recipient. Gifts to relatives are taxed at the same rate as gifts to friends. Though certain types of gifts, like gifts to some charities, are exempt.