The TRAIN Law applies on the following donations, except?

The correct answer is related to the application of the TRAIN Law, which governs various aspects of tax legislation, including the treatment of donations made in the Philippines. The TRAIN Law became effective starting January 1, 2018, and it includes provisions that would typically not apply to donations made before that date.

In the situation described in the correct answer, the donation was made on December 30, 2017, and was accepted by the donee the following day, with the donor being informed of the acceptance on the same day. This indicates that the donation was executed before the effective date of the new tax provisions under the TRAIN Law.

The significance here lies in the timeframe: since the donation occurred before January 1, 2018, it does not fall under the jurisdiction of the TRAIN Law, which only applies to transactions made after this date. This is why this specific scenario is exempt from the provisions of the TRAIN Law.

In contrast, the other options either involve donations that were accepted or made known to the donor after the effective date of the TRAIN Law, making them subject to its provisions. This highlights the importance of the date of the donation and its acceptance relative to the implementation date of the TRAIN Law.