BIR Zonal Values in Cortes

Balete, Aklan

19 records
BIR Zonal Values in Cortes, Balete(19 of 19 shown)

NATIONAL ROAD

Cortes

₱800
Institutional
/sqm

NATIONAL ROAD

Cortes

₱700
Residential Regular
/sqm

PROVINCIAL ROAD

Cortes

₱600
Residential Regular
/sqm

MUNICIPAL ROAD

Cortes

₱500
Residential Regular
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱450
Residential Regular
/sqm

INTERIOR LOTS

Cortes

₱300
Residential Regular
/sqm

NATIONAL ROAD

Cortes

₱1,500
Commercial Regular
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 2
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 4
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 16
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 26
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 50
/sqm

INTERIOR LOTS

Cortes

₱0
Agricultural Class 2
/sqm

INTERIOR LOTS

Cortes

₱0
Agricultural Class 4
/sqm

INTERIOR LOTS

Cortes

₱0
Agricultural Class 10
/sqm

INTERIOR LOTS

Cortes

₱0
Agricultural Class 16
/sqm

INTERIOR LOTS

Cortes

₱0
Agricultural Class 26
/sqm

BARANGAY & FEEDER ROADS

Cortes

₱0
Agricultural Class 10
/sqm

INTERIOR LOTS

Cortes

₱0
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 Cortes, Balete?

BIR zonal values in Cortes, Balete 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 Cortes, Balete the same as market value?

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