BIR Zonal Values in Lapid Lapid

Bongao, Tawi-Tawi

7 records
BIR Zonal Values in Lapid Lapid, Bongao(7 of 7 shown)

ROADSIDE

Lapid Lapid

₱626
Commercial Regular
/sqm

INTERIOR LOTS

Lapid Lapid

₱588
Commercial Regular
/sqm

ALL LOTS

Lapid Lapid

₱439
Residential Regular
/sqm

INTERIOR LOTS

Lapid Lapid

₱246
Residential Regular
/sqm

ROADSIDE

Lapid Lapid

₱203
General Purposes
/sqm

ROADSIDE

Lapid Lapid

₱120
Agricultural Class 50
/sqm

ROADSIDE

Lapid Lapid

₱107
Agricultural
/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 Lapid Lapid, Bongao?

BIR zonal values in Lapid Lapid, Bongao 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 Lapid Lapid, Bongao the same as market value?

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