Bureau of Internal Revenue(BIR)

Dear BIR: I send an email previously to BIR regarding the email subject: "BIR Rulings and Other Issuances not available in BIR Website [Ref. No. 20240202_ 2665_E]". BIR ([email protected]) responded on March 13, 2024 that I send request for a copy thru here (eFOI). Now, I am requesting BIR to provide me ANY and ALL related Issuance, Revenue Regulations and Rulings regarding CGT & DST. You can respond to my email [email protected] as I am currently out of the country or call me at +971528011702 for further information. Thank you.

Dear BIR: Why do I need any and all BIR Rulings, Regulations, etc. rergarding CGT and DST is because (1) I wanted to know what does PRESUMED GAINS means in CGT. My personal knowledge of this is that, it should be the supposed "profit" in the sale of a Real Property. Profit means the Selling Price (now) less the "Buying Price" (before) of a Real Property. So CGT should be based on the difference of the "Selling less Buying". (2) I wanted to know, assuming (1) is correct, what would be the basis of the "Buying Price (before)" if the Real Property was (a) donated to the Seller, (b) given by Government thru any means such as Emancipation Patent by DAR or Homestead Patent by DENR, (c) it was from the Seller's parents as inheritance. (3) Assuming (1) and (2) is correct, what should be the equivalent of "Buying Price (before)" converted during the Selling today, as there is a possibility that the Real Property may had been purchased for 100 php 50 yrs ago and now sold at say 100,000 php. The difference cannot just be (100,000 less 100) as that would not be appropriate. (4) I wanted to know what would be the basis of the computation if (a) the Property was sold long time ago but still not notarized and not yet processed to be transferred to the Buyer, (b) what is the basis of the "30 days", is it from date of notarization or date of actual "Buy and Sell" of the Real Property (c) if the Zonal Value during the Selling Date is different when the CGT will be process (there is a change in zonal values) (d) when is the "Penalty" period starts, from the actual Selling (long time ago) or from Notarization Date. I have many other questions but I believe that would suffice for now. Please provide all related CGT Ruling, Regulations, ROM, etc.