Tax

Capital gains tax on real property — verify rates

CGT may apply to sales of real property classified as capital assets. Confirm the live NIRC section and rate with BIR materials.

Framework

Historically discussed under NIRC Sec. 24(D) and related provisions — verify consolidated current numbering/rate.

Dealers/developers may be on ordinary income + VAT tracks instead.

Deed-tax tool marks CGT as lawyer-to-verify when not in the laws DB.

Last reviewed November 9, 2026. Laws, rules and Bar Bulletins change; if a source above has been amended or superseded, the official text controls.

DST still due?

Usually yes, separately.

Local transfer tax?

LGC ceilings for provinces/cities.

Blog rates?

Do not rely on unofficial blogs.

Art. 298–299 formulas for redundancy, retrenchment and disease.

P.D. 851 guidelines: 1/12 of basic salary earned in the calendar year.

Five days SIL after one year of service; commutation and exclusions.