Capital Gain Tax Rate 2024 Philippines 2024 . This rate applies to the gross selling price, the bureau of internal revenue (bir) zonal valuation, or the property’s fair. You can calculate your taxable amount by subtracting.
Exemptions and deductions are available, including for primary dwellings. Half of a capital gain (proposed to increase to two thirds for the portion of capital gains realised by individuals after 24 june 2024 that exceeds an annual cad 250,000.
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