BIR Zonal Values in Bitong

Galimuyod, Ilocos Sur

14 records
BIR Zonal Values in Bitong, Galimuyod(14 of 14 shown)

ALL LOTS

Bitong

₱203
Commercial Regular
/sqm

ALL LOTS

Bitong

₱192
Residential Regular
/sqm

ALONG BARANGAY ROADS

Bitong

₱179
Residential Regular
/sqm

INTERIOR LOTS

Bitong

₱177
Residential Regular
/sqm

ALONG BARANGAY ROADS

Bitong

₱166
Agricultural Class 1
/sqm

INTERIOR LOTS

Bitong

₱164
Agricultural Class 49
/sqm

INTERIOR LOTS

Bitong

₱163
Residential Regular
/sqm

ALL LOTS

Bitong

₱160
Agricultural Class 50
/sqm

ALONG BARANGAY ROADS

Bitong

₱154
Agricultural Class 2
/sqm

INTERIOR LOTS

Bitong

₱150
Agricultural Class 1
/sqm

INTERIOR LOTS

Bitong

₱150
Agricultural Class 50
/sqm

ALONG BARANGAY ROADS

Bitong

₱143
Agricultural Class 50
/sqm

INTERIOR LOTS

Bitong

₱138
Agricultural Class 2
/sqm

INTERIOR LOTS

Bitong

₱126
Agricultural Class 50
/sqm

About BIR Zonal Values

The Bureau of Internal Revenue (BIR) publishes per-square-meter zonal value rates for barangays across the Philippines. These values are used to compute Capital Gains Tax (CGT) at 6% and Documentary Stamp Tax (DST) at 1.5% on real property transactions, whichever is higher between the gross selling price and the BIR zonal value.

Zonal classifications include Residential (R1, R2, R3), Commercial (C1-C5), Industrial (I), and Agricultural codes. Each classification corresponds to a different per-square-meter floor rate set by the local Revenue District Office (RDO).

Frequently Asked Questions

What are BIR zonal values in Bitong, Galimuyod?

BIR zonal values in Bitong, Galimuyod are per-square-meter rates published by the Bureau of Internal Revenue's Revenue District Office. They are the floor used to compute Capital Gains Tax (CGT) at 6% and Documentary Stamp Tax (DST) at 1.5% on real property transactions in this area.

Are zonal values in Bitong, Galimuyod the same as market value?

No. Zonal values reflect the BIR's tax-purpose valuation, which typically lags market price. Actual market values in Bitong, Galimuyod can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.