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capital gains tax of assumed property

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1 capital gains tax of assumed property on Thu Feb 14, 2013 11:33 am

sweet_luv


Arresto Menor
hi po,

ask ko lng po if i.assumed a property na loaned thru pagibig tapos i paid the seller 150k and property value is 900k, how much po ung capital gains tax? at pwede po ba hindi ko muna bayaran yun?

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2 Re: capital gains tax of assumed property on Thu Feb 14, 2013 2:07 pm

jd888


moderator
Yes, pwedeng hindi muna bayaran. The value of the Capital Gains Tax will be subject to computations against the Zonal Valuation of your Province. Anyway, did you and the vendor already executed Deed of Absolute Sale? Ano ang sinasabi duon patungkol sa bayaran ng Capital Gains Tax? Sino ang mag-sho-shoulder nun?


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3 Re: capital gains tax of assumed property on Fri Feb 15, 2013 5:36 pm

sweet_luv


Arresto Menor
yes po, may deed of sale na po at ako po, buyer, ang magbabayad nun. can you give a rought estimate po nang capital gains tax na babayaran ko? medyo hesitant kasi ako pumunta sa BIR baka kasi they'd force me to pay directly.

thanks po

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4 Re: capital gains tax of assumed property on Fri Feb 15, 2013 6:04 pm

jd888


moderator
This will disclose your personal data on the Forum because we will be needing the TAX Dec Value and Address of the Real Estate Property to determine the Zonal Valuation. The BIR will not require you to pay outrightly, the best thing to do is to visit BIR's website at http://www.bir.gov.ph and check out your area's Zonal Valuation; or better yet inquire with a Real Estate Agent near you.


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5 Re: capital gains tax of assumed property on Tue Feb 26, 2013 11:07 am

majickero


Arresto Menor
Its 6% of the selling price + 1.5% of the selling price for documentary stamp tax.

900*6% = 54000
900*1.5= 13500
TOTAL = 67500

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6 Re: capital gains tax of assumed property on Tue Feb 26, 2013 11:18 am

sweet_luv


Arresto Menor
ahh. sige, salamat po nang marami

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