BIR Zonal Values in Bungon

City of Batac, Ilocos Norte

16 records
BIR Zonal Values in Bungon, City of Batac(16 of 16 shown)

ALL LOTS

Bungon

₱920
Residential Regular
/sqm

ALL LOTS

Bungon

₱660
General Purposes
/sqm

ALL LOTS

Bungon

₱500
Agricultural Class 1
/sqm

ALL LOTS

Bungon

₱360
Agricultural Class 12
/sqm

ALL LOTS

Bungon

₱350
Agricultural Class 2
/sqm

ALL LOTS

Bungon

₱340
Agricultural Class 17
/sqm

ALL LOTS

Bungon

₱340
Agricultural Class 18
/sqm

ALL LOTS

Bungon

₱340
Agricultural Class 4
/sqm

ALL LOTS

Bungon

₱340
Agricultural Class 16
/sqm

ALL LOTS

Bungon

₱260
Agricultural Class 26
/sqm

ALL LOTS

Bungon

₱260
Agricultural Class 36
/sqm

ALL LOTS

Bungon

₱2,200
Commercial Regular
/sqm

ALL LOTS

Bungon

₱2,000
Government Land
/sqm

ALL LOTS

Bungon

₱190
Agricultural Class 15
/sqm

ALL LOTS

Bungon

₱180
Agricultural Class 49
/sqm

ALL LOTS

Bungon

₱120
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 Bungon, City of Batac?

BIR zonal values in Bungon, City of Batac 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 Bungon, City of Batac the same as market value?

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