DEPARTMENT OF FINANCE Roxas Boulevard Corner Vito Cruz Street Manila 1004
DEPARTMENT ORDER NO. X000 FEBRUARY 15, 1999
SUBJECT
IMPLEMENTATION OF THE REVISED ZONAL VALUES OF REAL PROPERTIES IN NORTH QUEZON CITY UNDER REVENUE DISTRICT OFFICE No. 38 (NORTH QUEZON CITY), REVENUE REGION No. 7 (QUEZON CITY) FOR INTERNAL REVENUE TAX PURPOSES.
T 0
All Internal Revenue Officers and Others Concerned.
Section 6(e) of Republic Act No. 8424, otherwise known as the "sT RfomtAct of 1997", authorizes the Commissioner of Internal Revenue to divide the Philippines into different zones or areas and determine for internal revenue tax purposes, the fair market value of the real properties located in each zone or area upon consultation with competent appraisers both from private and public sectors. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties (416 vision) located in North Quezon City under the jurisdiction of Revenue District Office No. 38 (North Quezon City), Revenue Region No. 7 (Quezon City) after public hearing was conducted on September 15, 1997 for the purpose. This Order is issued to implement the revised zonal values for land to be used in computing any internal revenue tax. In case the gross selling price or the market value as shown in the schedule of values of the provincial or city assessor is higher than the zonal value established herein, such values shall be used as basis for computing the internal revenue tax: This Order shall take effect immediately.
DGARDO B. ESPIRITU Secretary'if Finance RECOMMENDED BY:
BEETHOVEN L. RUALO Commissioner of Internal Revenue
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In this connection, attention is invited to Section 6 of. said Department Order which provides that "provinces, cities. and municipalities whose income classification shall have. been raised or reduced in view of the reclassification, shall. accordin
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ON REAL PROPERTY VALUATION TO DETERMINE THE. ZONAL VALUES OF REAL PROPERTIES FOR PURPOSES OF. COMPUTING ANY INTERNAL REVENUE TAX. Pursuant to Section 6(E) of Republic Act No. 8424, otherwise known as the "Tax. Reform Act of 199T', Ministry Order Nos.
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Study and prepare the schedule of recommended zonal values of real properties. under the jurisdiction of the Revenue District Office;. 2. Conduct public hearing ...
regulations. Undersecretary hlraanzor shell sign as follows: By authority of the Secretary: i), UDAO I. ,L..44:"-OR. Undersecretary. This Order shall take effect iranediutely. C'=.1.2 Vi-tIlqA. SecreYry
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(Auditing) IV. Andrea Salvaleon Private Secretary III Adm. Assistant V ... Page 2 of 2. Ms. Corazon Gamallo, Office of the Secretary, and Mr. Roberto Millena are ... DEPARTMENT ORDER NO. 10 .pdf. DEPARTMENT ORDER NO. 10 .pdf. Open.
corresponding duties and taxes thereon have been paid. 3.2 Upon effectivity of ... necessary technical, operational and administrative. structures are in ... DEPARTMENT ORDER NO. 18 .pdf. DEPARTMENT ORDER NO. 18 .pdf. Open. Extract.
maximum tax ceilings imposable, determining the administrative and. statutory aids ... policies on promotions, transfers, details or secondment,. formulation and ... DEPARTMENT ORDER NO. 63.pdf. DEPARTMENT ORDER NO. 63.pdf. Open.
respective Services which are usually signed by Under- secretary P. H. Almanzor. Tiowever, all papers involving. Administrative Cases and opinion on Local ...
administrative aids and other statutory contributions in the. adoption of the annual ... By authority of the Secretary: LORIND. Di. c a`. M. CARLOS. ptor ... DEPARTMENT ORDER NO. 63 .pdf. DEPARTMENT ORDER NO. 63 .pdf. Open. Extract.
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