BIR Zonal Values in Lato Lato
Bongao, Tawi-Tawi
ROADSIDE
Lato Lato
INTERIOR LOTS
Lato Lato
ALL LOTS
Lato Lato
INTERIOR LOTS
Lato Lato
ROADSIDE
Lato Lato
ROADSIDE
Lato Lato
ROADSIDE
Lato Lato
| Location / Street | Barangay | Classification | Zonal Value |
|---|---|---|---|
ROADSIDE | Lato Lato | Commercial Regular | ₱626/sqm |
INTERIOR LOTS | Lato Lato | Commercial Regular | ₱588/sqm |
ALL LOTS | Lato Lato | Residential Regular | ₱439/sqm |
INTERIOR LOTS | Lato Lato | Residential Regular | ₱246/sqm |
ROADSIDE | Lato Lato | General Purposes | ₱203/sqm |
ROADSIDE | Lato Lato | Agricultural Class 50 | ₱120/sqm |
ROADSIDE | Lato Lato | Agricultural | ₱107/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 Lato Lato, Bongao?
BIR zonal values in Lato Lato, 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 Lato Lato, 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 Lato Lato, Bongao can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.