Tag: FMV

Recent BIR Issuances on Property Valuation may affect real estate investors

Recent BIR Issuances on Property Valuation may affect real estate investors

I can see that the BIR is dead serious in collecting revenues for the government and is exploring all avenues where tax collection can be improved. In fact, the BIR ...
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What is Transfer Tax?

What is Transfer Tax?

A transfer tax is imposed on tax on the sale, donation, barter, or any other mode of transferring ownership or title of real property at the maximum rate of 50% ...
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