BIR Zonal Values in Luuk Pandan

Bongao, Tawi-Tawi

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

ROADSIDE

Luuk Pandan

₱626
Commercial Regular
/sqm

INTERIOR LOTS

Luuk Pandan

₱588
Commercial Regular
/sqm

ALL LOTS

Luuk Pandan

₱439
Residential Regular
/sqm

INTERIOR LOTS

Luuk Pandan

₱246
Residential Regular
/sqm

ROADSIDE

Luuk Pandan

₱203
General Purposes
/sqm

ROADSIDE

Luuk Pandan

₱120
Agricultural Class 50
/sqm

ROADSIDE

Luuk Pandan

₱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 Luuk Pandan, Bongao?

BIR zonal values in Luuk Pandan, 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 Luuk Pandan, 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 Luuk Pandan, Bongao can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.