What are the taxes I need to pay when buying a house, condominium, or residential lot from a Real Estate Developer in the Philippines?

What are the taxes I need to pay when buying a house, condominium, or residential lot from a Real Estate Developer in the Philippines?

What are the taxes I need to pay when buying a house, condominium, or residential lot from a Real Estate Developer in the Philippines?

  • 12% Value Added Tax (VAT) (If the total selling price is more than 2 Million)
  • Documentary Stamp Tax (DST) 1.5% of the total selling price
  • Transfer Fee .5 of 1% of the total selling price
  • Registration Fee (More or less, the percentage is .5 of 1% base on the total selling price)

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