Implementation of the Revised Schedule of Zonal Values of Real Properties in the City of Tuguegarao and the Municipalities of Abulug, Alcala, Allacapan, Amulung, Aparri, Baggao, Ballesteros, Buguey, Calayan, Camalaniugan, Claveria, Enrile, Gattaran, Gonzaga, Iguig, Lal-lo, Lasam, Pamplona, Peñablanca, Piat, Rizal, Sanchez Mira, Solana, Sta. Ana, Sta. Praxedes, Sta. Teresita, Sto. Niño, Tuao, Province of Cagayan and Basco, Itbayat, Ivana, Mahatao, Sabtang, Uyugan Province of Batanes, under the Jurisdiction of Revenue District Office No. 13 — Tuguegarao City, Cagayan for Internal Revenue Tax Purposes

May 15, 2015 DOF DEPARTMENT ORDER NO. 057-15 SUBJECT : Implementation of the Revised Schedule of Zonal Values of Real Properties in the City of Tuguegarao and the Municipalities of Abulug, Alcala, Allacapan, Amulung, Aparri, Baggao, Ballesteros, Buguey, Calayan, Camalaniugan, Claveria, Enrile, Gattaran, Gonzaga, Iguig, Lal-lo, Lasam, Pamplona, Peablanca, Piat, Rizal, Sanchez Mira, Solana, Sta. Ana, Sta. Praxedes, Sta. Teresita, Sto. Nio, Tuao, Province of Cagayan and Basco, Itbayat, Ivana, Mahatao, Sabtang, Uyugan Province of Batanes, under the Jurisdiction of Revenue District Office No. 13 Tuguegarao City, Cagayan for Internal Revenue Tax Purposes TO : All Internal Revenue Officers and Others Concerned Section 6 (E) of Republic Act No. 8424, otherwise known as the "Tax Reform Act of 1997", authorizes the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and determine for internal revenue tax purposes, the fair market value of real properties located in each zone or area upon consultation with competent appraisers both from the private and public sectors. By virtue of said authority, the Commissioner of Internal Revenue has determined the Zonal Values of Real Properties in the City of Tuguegarao (3rd revision), Municipalities of Abulog, Alcala, Allacapan, Amulung, Aparri, Baggao, Ballesteros, Buguey, Calayan, Camalaniugan, Claveria, Enrile, Gattaran, Gonzaga, Iguig, Lal-lo, Lasam, Pamplona, Peablanca, Piat, Rizal, Sanchez Mira, Solana, Sta. Ana, Sta. Praxedes, Sta. Teresita, Sto. Nio, Tuao, Province of Cagayan (2nd Revision) and Municipalities of Basco, Itbayat, Ivana, Mahatao, Sabtang, Uyugan, Province of Batanes (1st Revision) under the jurisdiction of Revenue District Office No. 13 Tuguegarao City, Cagayan, Revenue Region No. 3 Tuguegarao City, after a public hearing was conducted on January 23, 2014. 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. The zonal values establishes 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 documents of sale or transfer of real property. aScITE This Order shall take effect immediately. (SGD.) CESAR V. PURISIMA Secretary RECOMMENDED BY: KIM S. JACINTO-HENARES Commissioner of Internal Revenue