DEED OF ABSOLUTE SALE – Important Advisory

DEED OF ABSOLUTE SALE – IMPORTANT ADVISORY Sometime ago during the past administration of the Bureau of Internal Revenue, I encountered a Property Owner / SELLER who was selling a property and wanted a NET DEAL. Now what...

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Philippine Real Estate News – June 2017

here’s an article from inq.net.ph correspondent, Ben O. De Vera : World Bank sees Strong Philippine Growth in next 3 years MANILA — The World Bank expects the Philippines to sustain strong economic growth in the next...

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Philippine Real Estate News – June 2017

here’s an article from manilatimes.net correspondent, Jomar Canlas : Appeals court rules vs Rufinos, Prietos in ‘Mile Long’ case THE Court of Appeals has ruled in favor of the government in its bid to recover the...

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REPUBLIC ACT 10913 or the ANTI-DISTRACTED DRIVING ACT

REPUBLIC ACT 10913 or the ANTI-DISTRACTED DRIVING ACT – 11 Things You Need To Know 1. What is RA 10913 or the Anti-Distracted Driving Act? RA 10913 or the Anti-Distracted Driving Act is a new law that prohibits motorists...

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The Importance of TIN # and Certificate Authorizing Registation

CASE STUDY : OUR tax laws provide that before documents transferring real properties are registered, it is first required that the Bureau of Internal Revenue (BIR), through its commissioner or duly authorized representatives,...

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BIR told to refund Php 63.25 M to Belle

Here’s an article from Philippine Star correspondent, Elizabeth Marcelo re a controversial issue regarding a Bureau of Internal Revenue regulation.  Take note of the last paragraph on the definition of Capital Gains Tax,...

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Foreign News on Philippine Real Estate and Economy – May 2017

hello everyone, here’s some interesting articles from widely read online portals known for their well chosen issues regarding current and the future of finance, management, information technology and real estate...

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BIR – REVENUE MEMORANDUM CIRCULAR NO. 35 – 2017

REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL REVENUE 27 April 2017 SUBJECT :  REVENUE MEMORANDUM CIRCULAR NO. 35 – 2017 Clarification on the lmposition of Capital Gains Tax on Sale, Exchange or...

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