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Date: April 14, 2023, 3:08 p.m.

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Date: 2023-04-14 15:53:04.000000

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Purchasing Residential Property

Published by Bureau of Internal Revenue(BIR) on April 14, 2023.
Requested from BIR by T. Del Rosario at 03:08 PM on April 14, 2023.
Purpose: Personal Reference
Date of Coverage: 04/14/2023 - 04/14/2023
Tracking no: #BIR-096477679462

T.DEL ROSARIO April 14, 2023, 3:08 p.m.

Hi. We intend to purchase an old townhouse situated near a commercial area but the house is within a compound and can only be utilized for habitation. In such case, is it rightful for the owner to refer to the house the it a s a regular commercial property in terms of the zonal value?

S.ARCITA April 14, 2023, 3:53 p.m.

April 14, 2023 Madam: Greetings! Thank you for your request dated Apr 14, 2023 03:08:22 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch. Your Request You asked for Purchasing Residential Property. Response to Request In reply, we called your mobile number today, April 14, and apprised you to directly coordinate with RDO 34-Paco/Pandacan/Sta. Ana/San Andres to determine the proper classification of the property as well as the computation of Capital gains Tax. Thank you. Respectfully, FOI Receiving Officer Public Information and Education Division

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