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Philippine Real Estate Laws
 
Typical Transaction Costs - Purchases from Individuals
 

a.. Capital gains tax - 6% of actual sale price. This is paid by the seller but in
some cases it might be expected that the buyer pays. This percentage could differ if the property assessed is being used by a business or is a title- owned by a corporation, in this case the percentage is 7.5%

a.. Document stamp tax - 1.5% of the actual sale price. This is paid by the seller
but in some cases it might be expected that the buyer pays.

a.. Transfer tax - 0.5% of the actual sale price.

a.. Registration fee - 0.25% of the actual sale price.

 
 
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Disclaimer:

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. Everyone is advise to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

 

 

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