BIR Zonal Values in Bulak Norte
Batad, Iloilo
INTERIOR LOTS
Bulak Norte
PROVINCIAL ROAD
Bulak Norte
BARANGAY ROAD
Bulak Norte
INTERIOR LOTS
Bulak Norte
INTERIOR LOTS
Bulak Norte
INTERIOR LOTS
Bulak Norte
INTERIOR LOTS
Bulak Norte
INTERIOR LOTS
Bulak Norte
INTERIOR LOTS
Bulak Norte
| Location / Street | Barangay | Classification | Zonal Value |
|---|---|---|---|
INTERIOR LOTS | Bulak Norte | Residential Regular | ₱855/sqm |
PROVINCIAL ROAD | Bulak Norte | Residential Regular | ₱1,650/sqm |
BARANGAY ROAD | Bulak Norte | Residential Regular | ₱1,145/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 4 | ₱0/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 15 | ₱0/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 16 | ₱0/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 50 | ₱0/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 1 | ₱0/sqm |
INTERIOR LOTS | Bulak Norte | Agricultural Class 2 | ₱0/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 Bulak Norte, Batad?
BIR zonal values in Bulak Norte, Batad 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 Bulak Norte, Batad the same as market value?
No. Zonal values reflect the BIR's tax-purpose valuation, which typically lags market price. Actual market values in Bulak Norte, Batad can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.