capital gains?

[dx8976]

Is it possible to transfer title of property without having paid capital gains tax?

[Psylocke]

No, unless you're gonna donate it to the government

[NightRock]

no sa BIR pa hindi ka makaka takas dyan hehehe pero kung sa relatives mo lang i lilipat ang property use donation vivos wag na deed of sales para less ang gain tax

[boyscout]

di possible... you have to pay the capital gains...
sana pinaless mo yung half nung capital gains sa price of acquisition mo para at least nakatipid ka sa pagbayad nito. hati kayo ng seller ba...

[NightRock]

di possible... you have to pay the capital gains...
sana pinaless mo yung half nung capital gains sa price of acquisition mo para at least nakatipid ka sa pagbayad nito. hati kayo ng seller ba...

That's also another good idea basta wag lang mas mababa sa zonal value ng property kasi doon mag base ang BIR which one is higher selling price or zonal value... Capital gain dpat sagot ng seller yan doc. stamps lang ang sa buyer

[ti8245]

Paano po ba ang COMPUTATION dyan sa CG?

[boyscout]

Capital gain dpat sagot ng seller yan doc. stamps lang ang sa buyer

yep that's true unless na mapakiusapan mo na hati na lang kayo para bilhin mo na yung property... then again parang pangiisa na din ito sa kapwa mo

[CVT]

IMHO,- 'Capital Gains Tax' is actually a big misnomer... It is not a tax computed based on the seller's actual gain (or profit). It is actually a tax that is computed based on the selling price. So, it should be named Capital Tax.

How to compute? CGT = 6% of selling price....

[mrpink]

mas mababa ata yung donor's tax kesa sa cag gains .. so if you can spin it na donation siya .. baka pwede .. tama na usually cap gains is shouldered by the seller the idea being that the seller is making a profit from the sale and therefore the profit will be taxed ..

[kiper]

kapag donation may tax din! DONOR's TAX ang tawag..

kapag donation to relatives cumulative ang computation..

kapag to strangers.. 10% kaagad.

kapag under P100,000 naman.. exempted na.

[CVT]

mr pink: for capital gains tax, it is not the profit that is being taxed, it is the selling price, to the tune of 6%, so it should be termed as capital tax, IMHO.

[mrpink]

mr pink: for capital gains tax, it is not the profit that is being taxed, it is the selling price, to the tune of 6%, so it should be termed as capital tax, IMHO.

yep .. i understand .. i just meant that the cap gains "concept" was for tax on profit which is why the seller would be ideally shouldering it ..

[4wrider]

Capital gains tax is really a tax on the presumed gain on the sale of capital goods such as real property and shares of stocks in a corporation. In fact kung nasa real property business yung seller subject sa 35% of the net income on the sale.

May paraan para makaiwas sa capital gains tax on transfer of real property. But the amount involved should be substantial para masulit at medyo matagal ng konti ang process kaysa sa direct sale.

[dx8976]

is it the same for all types of property?
i noticed in a previous contract for a condo that real property tax was based on asessed market value instead of zonal value?

also, does it follow that if the property was transferred, then cap gains was already paid? can this argument be used in court?

[ti8245]

Kung magbebenta ako ng lote for example. Anong mga taxes ang babayaran ko?

[beetot]

Is it possible to transfer title of property without having paid capital gains tax?

Yes, it is possible. You must prove that the property to be sold is your actual principal place of residence and the proceeds of the sale will be used for establishing (within 18 months from date of sale) your new principal place of residence.

[box_type]

Kung magbebenta ako ng lote for example. Anong mga taxes ang babayaran ko?

pahabol na rin, pati buyer meron din bang babayarang tax?