Capital Gains Tax Rate 2024 Philippines Real Estate

Capital Gains Tax Rate 2024 Philippines Real Estate. The tax rate of the capital gains tax is 6% of the gross amount of the value of the deed of sale or the zonal value of the place wherein the property is located whichever is higher.  — by law, the capital gains tax is a tax on the profit earned from the sale of a capital asset, such as real estate, and is typically set at a rate of 6% of the gross selling.

 — use our capital gains tax calculator for the philippines to compute the real estate cgt you have to pay on the sale of property in the philippines. This rate applies to the gross selling price, the bureau of internal revenue (bir) zonal valuation, or the property’s fair.