Selling Costs Calculator
Estimate your net proceeds from selling property in the Philippines. Know exactly what you'll pay in taxes, fees, and commissions.
Seller's Costs
Buyer's Costs (For Reference)
These are typically paid by the buyer, but good to know for negotiations.
Important Notes
- Taxes are calculated using the higher of selling price or BIR zonal value.
- Capital Gains Tax must be paid within 30 days of the sale.
- Some costs may be negotiated between buyer and seller.
- This is an estimate only. Consult a tax professional for exact figures.
Frequently Asked Questions
Who pays Capital Gains Tax in the Philippines?
The seller is responsible for paying Capital Gains Tax (CGT), which is 6% of the selling price or BIR zonal value, whichever is higher. This must be paid to the BIR within 30 days from the date of sale.
What is BIR Zonal Value and why does it matter?
BIR Zonal Values are the minimum property values set by the Bureau of Internal Revenue for tax purposes. Even if you sell below this value, taxes will be calculated using the zonal value as the minimum. This prevents tax evasion through under-declaration.
Can I negotiate who pays Documentary Stamp Tax?
Yes, DST is often negotiable. While traditionally paid by the seller, many transactions split this cost between buyer and seller, or the buyer agrees to pay it as part of the negotiation.
What's the typical agent commission rate?
In the Philippines, agent commissions typically range from 3% to 5% of the selling price. The standard rate is 3%, but premium services or exclusive listings may command higher rates. Always clarify commission terms in writing before listing.