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Taxes

What is the cost of taxes and fees when selling a property in the Philippines?

What is the cost of taxes and fees when selling a property in the Philippines?

When you are selling a real estate property in the Philippines, either seller or buyer pays the following taxes and fees: Capital Gains Tax 6% Documentary Stamp Tax 1.5% Transfer Tax .5 of 1% Registration Fee .25% Notarial Fee 1% The computation is base on selling price or zonal value, depending on which is higher.