Summary
RMC No. 126-2016 decentralizes to the Revenue District Offices (RDOs) the issuance of the Certification of Zonal Values of Real Properties.
CollapseExpand
Key points
- Who issues. RDOs issue the certification. The Assessment Performance Monitoring Division may still issue it to any requesting taxpayer.
- Basis of the certification. The Revenue District Officer, Assistant Revenue District Officer or an authorized representative from the Sub-Technical Committee on Real Property Valuation issues it. It is based on the historical and current zonal values available for download at http://www.bir.gov.ph/index.php/zonal-values.html.
- Fees. Each released certification is charged the Certification Fee under Executive Order No. 197 of One Hundred Pesos (Php 100.00), plus Fifteen Pesos (Php 15.00) Documentary Stamp Tax on certificates under Sec. 188 of the NIRC of 1997.
- Where to pay. The fee is paid to any Accredited Agent Bank, Revenue Collection Officer or Deputized Municipal Treasurer of the jurisdiction, through BIR Form 0605 or the BIR Official Receipt.
Who is affected
- Taxpayers or authorized representatives requesting zonal value certifications
Summary by Tax Resources PH. It is not a substitute for the full text of the issuance or professional advice.
Copies of BIR issuances are hosted here for reference. For the official version, check bir.gov.ph. Summaries by Tax Resources PH are not a substitute for the full text or professional advice.