BIR Zonal Values in Mamhut Norte
Balasan, Iloilo
ALL LOTS
Mamhut Norte
ALL LOTS
Mamhut Norte
ALL LOTS
Mamhut Norte
ALL LOTS
Mamhut Norte
OTHER AGRICULTURAL LAND
Mamhut Norte
| Location / Street | Barangay | Classification | Zonal Value |
|---|---|---|---|
ALL LOTS | Mamhut Norte | Residential Regular | ₱2,050/sqm |
ALL LOTS | Mamhut Norte | Agricultural Class 2 | ₱0/sqm |
ALL LOTS | Mamhut Norte | Agricultural Class 6 | ₱0/sqm |
ALL LOTS | Mamhut Norte | Agricultural Class 17 | ₱0/sqm |
OTHER AGRICULTURAL LAND | Mamhut Norte | Agricultural Class 50 | ₱0/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 Mamhut Norte, Balasan?
BIR zonal values in Mamhut Norte, Balasan 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 Mamhut Norte, Balasan the same as market value?
No. Zonal values reflect the BIR's tax-purpose valuation, which typically lags market price. Actual market values in Mamhut Norte, Balasan can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.