BIR Zonal Values in Ibingay

City of Masbate, Masbate

16 records
BIR Zonal Values in Ibingay, City of Masbate(16 of 16 shown)

ALL LOTS

Ibingay

₱8,500
Commercial Regular
/sqm

ALL LOTS

Ibingay

₱8,500
Institutional
/sqm

ALL LOTS

Ibingay

₱4,650
Residential Regular
/sqm

ALL OTHER STREETS

Ibingay

₱3,315
Residential Regular
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 1
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 2
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 3
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 4
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 6
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 8
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 10
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 15
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 16
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 23
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 24
/sqm

ALL LOTS

Ibingay

₱0
Agricultural Class 36
/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 Ibingay, City of Masbate?

BIR zonal values in Ibingay, City of Masbate 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 Ibingay, City of Masbate the same as market value?

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