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Regulatory


Revised Zonal Values - Marikina
The BIR has released new zonal values for RDO 045 - Marikina City that are effective February 16, 2023.
Feb 17, 20231 min read


Another Rate Hike
On February 16, the BSP raised key interest rates by another 50 basis points (0.5%) after January recorded an inflation rate of 8.7%.
Feb 17, 20231 min read


ONETT Trap
The ONETT is BIR's "one-time transaction" computation of taxes to be paid for selling a real estate asset.
Feb 13, 20232 min read


25% Tax on Sale of RE
Cong. Salceda filed a bill that imposes a 25% tax on non-essential goods (NEG), which includes RE properties sold for more than P100K/sqm.
Feb 2, 20231 min read


Maceda Law in Practice
Under this law, RE buyers who have paid for at least two years and defaulted from the remaining installments are entitled to a refund of 50%
Jan 18, 20232 min read


Habitually Engaged
Unknown to many real estate investors, there's another way the BIR could classify you as a person "engaged in real estate business."
Jan 13, 20231 min read


Transfer Tax Exemption
Did you know that in Quezon City, house and lots sold by senior citizens are exempt from transfer tax?
Jan 6, 20231 min read


More Rate Hikes Coming
BSP Governor Medalla was quoted by PhilStar saying, "the likelihood of zero [interest rate hikes] in the next two meetings is extremely low.
Dec 19, 20221 min read


BSP Hikes Rates by 0.5%
On December 15, the BSP raised key interest rates by another 50 basis points (0.5%) to rein on inflation and protect the peso.
Dec 16, 20221 min read


Critical Parts of an SPA
In the Philippines, these are the critical clauses Special Powers of Attorney (SPAs) should include.
Dec 14, 20221 min read
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