Republic of the Philippines DEPARTMENT OF FINANCE Manila
DEPARTMENT ORDER NO. s-9.f MARCH 25, 1997
SUBJECT : IMPLEMENTATION OF THE INITIAL ZONAL VALUES OF REAL PROPERTIES IN ALL MUNICIPALITIES UNDER THE JURISDICTION OF REVENUE DISTRICT OFFICE NO. 103 (BUTUAN CITY), REVENUE REGION NO. 17 (BUTUAN CITY) FOR INTERNAL REVENUE TAX PURPOSES.
T 0 : All Internal Revenue Officers and Others Concerned.
Section 16 (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. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties (initial) located in all Municipalities under the jurisdiction of Revenue District Office No. 103 (Butuan City), Revenue Region No. 17 (Butuan City) after public hearing was conducted on July 16, 1996 for the purpose. This Order is issued to implement the initial zonal values for land to be used in computing any internal revenue tax. In case the gross selling price or the market value as shown in the schedule of values 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 This order shall take effect immediately.
ROBERTO F. DE OCA\WO Secretary of Finance
RECOMMENDED BY:
44-
LIWAYWAY VINZONS-CHATO Commissioner of Internal Revenue
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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 consultat
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... of Customs from exercising his power to. compromise, subject to the approval of the Secretary of Finance, the imposition of the. appropriate fines and surcharges on the deficiency duties provided for under Section. 2316 of the TCCP. 4. Page 3 of
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Page 1 of 1. I. Republic of the Philippines. DEPARTMENT OF FINANCE. Roxas Boulevard Corner Vito Cruz Street. Manila 1004. DEPARTMENT-ORDER NO. Septeniber 16, 2002. c2. SUBJECT: IMPLEMENTATION OF THE REVISED ZONAL VALUES OF. REAL PROPERTIES IN THE CIT
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administrative aids and other statutory contributions in the. adoption of the annual ... By authority of the Secretary: LORIND. Di. c a`. M. CARLOS. ptor ... DEPARTMENT ORDER NO. 63 .pdf. DEPARTMENT ORDER NO. 63 .pdf. Open. Extract.
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