Implementation of the Revised Zonal Values of Real Properties in the Municipalities of Allen, Bobon, Catarman, Lao-ang, Mondragon, Pambujan, Rosario, San Isidro, San Jose and San Roque Under Revenue District Office No. 85 (Catarman, Northern Samar), Revenue Region No. 14 (Tacloban City) for Internal Revenue Tax Purposes.

August 14, 1995 DOF DEPARTMENT ORDER NO. 146-95 ( Declared Superseded by D.O. 29-16) SUBJECT : Implementation of the Revised Zonal Values of Real Properties in the Municipalities of Allen, Bobon, Catarman, Lao-ang, Mondragon, Pambujan, Rosario, San Isidro, San Jose and San Roque Under Revenue District Office No. 85 (Catarman, Northern Samar), Revenue Region No. 14 (Tacloban City) for Internal Revenue Tax Purposes. TO : All Internal Revenue Officers and Others Concerned. Section 6 (e) of the Tax Code as amended by Presidential Decree No. 1994, 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 the real properties located in each zone or area upon consultation with competent appraisers both from private and public sectors. CDEaAI By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties located in the Municipalities of Allen, Bobon, Catarman, Lao-ang, Mondragon, Pambujan, Rosario, San Isidro, San Jose and San Roque under the jurisdiction of Revenue District Officer No. 85 (Catarman, Norther Samar), Revenue Region No. 14 Tacloban City) after public hearing was conducted on November 29, 1994 for the purpose. This Order is issued to implement the initial zonal values of land to be used in computing any internal revenue tax. In case the gross selling price or the market value shown in the schedule of the provincial or city assessor is higher than the zonal value established herein such values shall be used as basis for computing the internal revenue tax. This Order shall take effect immediately. (SGD.) ROBERTO F. DE OCAMPO Secretary of Finance RECOMMENDED BY: (SGD) LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue