DEPARTMENT OF FINANCE Roxas Boulevard Corner Vito Cruz Street Manila 1004
DEPARTMENT ORDER NO. October 04. 2010
3?-QQo
SUBJECT: IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES IN THE CITY OF CALAMBA UNDER THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 56FOR INTERNAL REVENUE TAX CALAMBA CITY, LAGUNA 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 the 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 Calamba (4th revision) within the jurisdiction of Revenue District Office No. 56-Calamba City, Laguna, Revenue Region No. 09-San Pablo City after public hearing was conducted on November 21, 2007. 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. r'\ The zonal values established 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 document of sale or transfer of real property. This order shall take effect immediately.
CESAR V. PURISIMA Secretary of Finance
000843
RECOMMENDED BY:
KIM JA O-HENARES Commi Toner of I nternal Revenue I-3/avd
DEPARTMENT OF FINANCE ... different zones or areas and determine for internal revenue tax purposes, the fair market value. of the real ... Secretary of Finance ... DEPARTMENT ORDER NO. 39 .pdf. DEPARTMENT ORDER NO. 39 .pdf.
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Republic of the Philippines. DEPARTMENT OF FINANCE ... SUBJECT : IMPLEMENTATION OF THE REVISED SCHEDULE OF MARKET VALUES AS ... DEPARTMENT ORDER NO. 39.pdf. DEPARTMENT ORDER NO. 39.pdf. Open. Extract.
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corresponding duties and taxes thereon have been paid. 3.2 Upon effectivity of ... necessary technical, operational and administrative. structures are in ... DEPARTMENT ORDER NO. 18 .pdf. DEPARTMENT ORDER NO. 18 .pdf. Open. Extract.
