BIR Zonal Values in Matibay

City of Lamitan, Basilan

13 records
BIR Zonal Values in Matibay, City of Lamitan(13 of 13 shown)

All Lots

Matibay

₱825
Commercial Regular
/sqm

Outer Lot

Matibay

₱625
Residential Regular
/sqm

Inner Lot

Matibay

₱425
Residential Regular
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 1
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 2
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 3
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 4
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 5
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 6
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 7
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 8
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 9
/sqm

Inner Lot

Matibay

₱0
Agricultural Class 10
/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 Matibay, City of Lamitan?

BIR zonal values in Matibay, City of Lamitan 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 Matibay, City of Lamitan the same as market value?

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