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Implementation of the Revised Schedules of Zonal Values of Real Properties in the City of Las Piñas (8th Revision), with the Barangays of Almanza Uno, Almanza Dos, B.F. International, Daniel Fajardo, Elias Aldana, Ilaya, Manuyo Uno, Manuyo Dos, Pamplona Uno, Pamplona Dos, Pamplona Tres, Pilar Village, Pulanglupa Uno, Pulanglupa Dos, Talon Uno, Talon Dos, Talon Tres, Talon Cuatro, Talon Singko and Zapote within the Jurisdiction of Revenue District Office No. 53A-Las Piñas City, Revenue Region No. 8b-South NCR for Internal Revenue Tax Purposes

DOF Department Order No. 004-21 • Department of Finance • DOF Orders • Mar 18, 2021

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March 18, 2021 DOF DEPARTMENT ORDER NO. 004-21 SUBJECT : Implementation of the Revised Schedules of Zonal Values of Real Properties in the City of Las Pias (8th Revision), with the Barangays of Almanza Uno, Almanza Dos, B.F. International, Daniel Fajardo, Elias Aldana, Ilaya, Manuyo Uno, Manuyo Dos, Pamplona Uno, Pamplona Dos, Pamplona Tres, Pilar Village, Pulanglupa Uno, Pulanglupa Dos, Talon Uno, Talon Dos, Talon Tres, Talon Cuatro, Talon Singko and Zapote within the Jurisdiction of Revenue District Office No. 53A-Las Pias City, Revenue Region No. 8b-South NCR for Internal Revenue Tax Purposes TO : All Internal Revenue Officers and Others Concerned Section 4 of Republic Act 10963, otherwise known as the "Tax Reform for Acceleration and Inclusion (TRAIN) Law," amending Section 6 (E) of National Internal Revenue Code (NIRC) of 1997, authorizes the Commissioner to divide the Philippines into different zones or areas and shall determine the fair market value of real properties located in each zone or area, subject to automatic adjustment once every three (3) years. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in the City of Las Pias (8th Revision) within the jurisdiction of Revenue District Office No. 53A Las Pias City, Revenue Region No. 8B-South NCR, after public hearing was conducted on December 21, 2020. This Order is issued to implement the revised zonal values of real properties for purposes of computing any internal revenue tax due on sale/transfer or any other disposition of real properties. CAIHTE The zonal values established herein shall apply provided the same is higher than (1) the fair market value as shown in the schedule of values of the provincial or city assessor and (2) the gross selling price/consideration as shown in the duly notarized document of sale or transfer of real property. This Order shall take effect immediately. (SGD.) CARLOS G. DOMINGUEZ Secretary of Finance RECOMMENDED BY: (SGD.) CAESAR R. DULAY Commissioner of Internal Revenue

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