DEPARTMENT OF FINANCE Roxas Boulevard Corner Vito Cruz Street Manila 1004
DEPARTMENT ORDER NO. 1 S' 0^L September 16, 2002
SUBJECT:
VALUES ZONAL OF THE INITIAL IMPLEMENTATION OF REAL PROPERTIES IN THE MUNICIPALITIES OF ALCANTARA AND ALEGRIA UNDER THE JURISDICTION OF RDO NO. 83 (TALISAY, CEBU), REVENUE REGION NO. 13 (CEBU CITY) FOR INTERNAL REVENUE TAX PURPOSES.
T 0 : All Internal Revenue Officers and Others Concerned. Section 6 (E) of the 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 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 the Municipalities of Alcantara and Alegria under the jurisdiction of Revenue District Office No. 83 (Talisay Cebu), Revenue Region No. 13 (Cebu City) after public hearings were conducted on August 19 and 20, 1999 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 tax. This Order shall take effect immediately.
,77 JOSE ISIDRON. CAAMACHO Secretary of Finance RECOMMENDED BY:
ALCANTARA AND ALEGRIA UNDER THE JURISDICTION OF RDO. NO. 83 (TALISAY, CEBU), REVENUE REGION NO. 13 (CEBU CITY). FOR INTERNAL REVENUE TAX PURPOSES. T 0 : All Internal Revenue Officers and Others Concerned. Section 6 (E) of the Republic Act No. 8424, otherwise known as the "Tax Reform ...
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In the exigency of the service, Undersecretary Roberto. B. Tan, is hereby designated as concurrent Officer-in-Charge. (OIC), Bureau of the Treasury effective ...
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Office of the Corporate Affairs Group and the Privatization Management Office,. shall head the Policy Development and Management Services Group (PDMSG). ... DEPARTMENT ORDER NO. 15.pdf. DEPARTMENT ORDER NO. 15.pdf. Open.
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 ...
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