BIR Zonal Values in San Simeon
Currimao, Ilocos Norte
ALONG NATIONAL ROAD
San Simeon
ALONG NATIONAL ROAD
San Simeon
ALONG NATIONAL ROAD
San Simeon
INTERIOR LOT
San Simeon
ALONG NATIONAL ROAD
San Simeon
ALONG NATIONAL ROAD
San Simeon
INTERIOR LOT
San Simeon
INTERIOR LOT
San Simeon
INTERIOR LOT
San Simeon
ALL LOTS
San Simeon
| Location / Street | Barangay | Classification | Zonal Value |
|---|---|---|---|
ALONG NATIONAL ROAD | San Simeon | Commercial Regular | ₱830/sqm |
ALONG NATIONAL ROAD | San Simeon | Industrial | ₱830/sqm |
ALONG NATIONAL ROAD | San Simeon | Residential Regular | ₱670/sqm |
INTERIOR LOT | San Simeon | Residential Regular | ₱580/sqm |
ALONG NATIONAL ROAD | San Simeon | Agricultural Class 3 | ₱300/sqm |
ALONG NATIONAL ROAD | San Simeon | Agricultural Class 12 | ₱200/sqm |
INTERIOR LOT | San Simeon | Agricultural Class 2 | ₱190/sqm |
INTERIOR LOT | San Simeon | Agricultural Class 12 | ₱160/sqm |
INTERIOR LOT | San Simeon | Agricultural Class 50 | ₱150/sqm |
ALL LOTS | San Simeon | Commercial Regular | ₱1,070/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 San Simeon, Currimao?
BIR zonal values in San Simeon, Currimao 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 San Simeon, Currimao the same as market value?
No. Zonal values reflect the BIR's tax-purpose valuation, which typically lags market price. Actual market values in San Simeon, Currimao can be 30-100% higher depending on classification (residential vs commercial vs industrial) and street-level positioning.