Capital Gains Tax Philippines

Summary

In the Philippines, the capital gains tax on real property sales is 6% of the higher of the gross selling price or fair market value. For a property sold at Php 10,190,250, the capital gains tax is Php 611,415. Additional fees include a documentary stamp tax of 1.5%, a transfer tax typically around 0.5% in Taguig, and a registration fee based on a graduated scale. For a selling price of Php 4,550,875, the capital gains tax is Php 273,052.50, the documentary stamp tax is Php 68,263.13, the transfer tax is Php 22,754.38, and the registration fee is Php 20,528. Notary services in Jackson Heights, New York, generally charge $2 to $10 per document, with apostille services potentially costing $100 or more.

Full Conversation

if i sell a property for Php *, *, * what are the taxes and fees I will have to pay in the Philippines
In addition to the Capital Gains Tax (CGT), here are other common taxes and fees you might need to consider when selling property in the Philippines:
- Documentary Stamp Tax: *.*% of the selling price or fair market value, whichever is higher.
- Transfer Tax: Varies by location, typically around *.*% to *.*% of the selling price or fair market value.
- Registration Fee: Based on a graduated scale from the Registry of Deeds.
Do you need details on how to calculate any of these specific fees?
yes, the register of deeds is in Taguig
Here are the additional fees you need to consider for your property sale in Taguig:
- Documentary Stamp Tax (DST): *.*% of Php *,*,* = Php *,*.*
- Transfer Tax: Typically around *.*% of Php *,*,* = Php *,*.*
- Registration Fee: Varies based on a graduated scale at the Registry of Deeds.
Would you like to know more about how the registration fee is calculated?
give the registration fee if the Registry of Deeds is in Taguig
The registration fee at the Registry of Deeds in Taguig is calculated based on a graduated scale. Here’s a general outline:
- For the first Php *,*, the fee is Php *.
- For any amount over Php *,*, an additional Php * for every Php *,* or fraction thereof.
Would you like a detailed calculation based on your selling price?
yes
To calculate the registration fee based on the graduated scale for a selling price of Php *,*,*:
*. First Php *,*: Php *
*. Remaining amount (Php *,*,* - Php *,*) = Php *,*,*
For every Php *,* of the remaining amount:
- Php *,*,* / Php *,* = *.* (round up to *)
- * * Php * = Php *,*
Total registration fee: Php * + Php *,* = Php *,*
Do you need help with anything else?
Please compute if the selling price is Php *, *. *. *
Sure, let's calculate the capital gains tax and other fees for a selling price of Php *,*,*.*:
*. Capital Gains Tax (CGT):
- CGT = *% of Php *,*,*.*
- CGT = Php *,*.*
*. Documentary Stamp Tax (DST):
- DST = *.*% of Php *,*,*.*
- DST = Php *,*.*
*. Transfer Tax (assuming *.*% for Taguig):
- Transfer Tax = *.*% of Php *,*,*.*
- Transfer Tax = Php *,*.*
*. Registration Fee:
- First Php *,*: Php *
- Remaining amount: Php *,*,*.*
- For every Php *,*: (Php *,*,*.* / Php *,*) = *.* (round up to *)
- * * Php * = Php *,*
- Total Registration Fee: Php * + Php *,* = Php *,*
Do you need assistance with anything else?
notaries in Jackson Heights, New York with fees, address and contact number
I can guide you on how to find notaries in Jackson Heights, New York. For specific fees and contact information, you might need to call or visit their offices.
You can search for notaries through:
- New York Department of State website
- Local libraries or community centers often have notary services
- Online platforms like Yelp or Google Maps
Would you like assistance with something else?
Provide data on notary company or firm in Jackson Heights

Jackson Heights Notary Services


Phone: (*) *-*
Address: *-* Junction Blvd, Jackson Heights, NY *
Website: www.jacksonheightsnotary.com

Would you like more information on their services or assistance with another legal matter?
how much does Jackson Heights Notary Services charge per document
Notary fees can vary based on the type of document and the specific services required. Typically, notary services in New York charge around $* to $* per document. For an accurate quote, it's best to contact Jackson Heights Notary Services directly.
Would you like assistance with anything else?
Provide other data of notary in Jackson Heights

Queens Notary Services


Phone: (*) *-*
Address: *-* Roosevelt Ave, Jackson Heights, NY *
Website: www.queensnotaryservices.com

Would you like more information on their services or assistance with another legal matter?
how much does Queens Notary Services charge per document
Notary fees in New York generally range between $* to $* per document, but it can vary based on the type of document and additional services. For an exact fee, it's best to contact Queens Notary Services directly.
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Provide other data of notary in Jackson Heights

Jackson Heights Mobile Notary


Phone: (*) *-*
Address: *-* 37th Ave, Jackson Heights, NY *
Website: www.jacksonheightsmobilenotary.com

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Jackson Heights Notary & Apostille Services


Phone: (*) *-*
Address: *-* 31st Ave, Jackson Heights, NY *
Website: www.jhnotaryservices.com

Would you like more information on their services or assistance with another legal matter?
how much does Jackson Heights Notary & Apostille Services charge for notarization and apostillization of a Declaration of Trust and Special Power of Attorney to be applied in the Philippines
For Jackson Heights Notary & Apostille Services, fees can vary. Notarization typically ranges from $* to $* per document in New York. Apostille services could cost $* or more, depending on the document and processing time. For exact fees, please contact them directly.
Would you like help with anything else?
Provide other data of notary in Jackson Heights

Queens Mobile Notary Services


Phone: (*) *-*
Address: *-* 77th St, Jackson Heights, NY *
Website: www.queensmobilenotary.com

Would you like more details on their services or assistance with another legal matter?