capital gains?

**dx8976** · February 6th, 2006 08:27 PM

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

**Psylocke** · February 6th, 2006 09:45 PM

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

**NightRock** · February 6th, 2006 11:35 PM

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** · February 7th, 2006 12:01 AM

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** · February 7th, 2006 01:07 AM

Originally Posted by 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...

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** · February 7th, 2006 01:47 PM

Paano po ba ang COMPUTATION dyan sa CG?

**boyscout** · February 7th, 2006 04:11 PM

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** · February 7th, 2006 05:59 PM

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** · February 7th, 2006 06:28 PM

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** · February 8th, 2006 04:23 AM

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.