BIR (Bureau of Internal Revenue) - Definition & Meaning | Real Estate Glossary Philippines | Housal | Housal
Government & Regulations

BIR (Bureau of Internal Revenue)

Government agency collecting national taxes

Definition

The Bureau of Internal Revenue (BIR) is responsible for collecting national taxes including Capital Gains Tax, Documentary Stamp Tax, and VAT on real estate transactions. They also set zonal values. After paying taxes, BIR issues a CAR (Certificate Authorizing Registration).

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