BIR Zonal Values in Lingsat

Bantay, Ilocos Sur

7 records
BIR Zonal Values in Lingsat, Bantay(7 of 7 shown)

ALL LOTS

Lingsat

₱900
Residential Regular
/sqm

ALL LOTS

Lingsat

₱650
Agricultural Class 1
/sqm

INTERIOR LOTS

Lingsat

₱640
Residential Regular
/sqm

ALL LOTS

Lingsat

₱400
Agricultural Class 49
/sqm

ALL LOTS

Lingsat

₱300
Agricultural Class 50
/sqm

INTERIOR LOTS

Lingsat

₱300
Agricultural Class 49
/sqm

INTERIOR LOTS

Lingsat

₱200
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 Lingsat, Bantay?

BIR zonal values in Lingsat, Bantay 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 Lingsat, Bantay the same as market value?

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