ESTATE OF ______

Date of Death:
Due Date of Estate Tax Return:

BIR Zonal Valuation Ownership

Zonal Value Effectivity Total Zonal Market Value per Taxable Number of % of Proportionate
Real Properties Classification Location of Property TCT/OCT. No. TD No. Area Per Sqm Date Value Tax Declaration Basis Owners Ownership Share
1 Land (wo improvement) Commercial 11,500 6,000.00 07-Nov-15 69,000,000 64,687,500.00 69,000,000.00 25 owners 7.2917% 5,031,250.00
2 Building (improvement) Commercial n/a n/a n/a n/a 27,860,113.60 27,860,113.60 27 owners 7.2917% 2,031,466.62
3 Land (Alley) Residential 740 7,300.00 07-Nov-15 5,402,000 2,775,000.00 5,402,000.00 6 owners 58.3333% 3,151,166.67
4 Land (Family Home) Residential 673.60 7,300.00 07-Nov-15 4,917,280 2,526,000.00 4,917,280.00 6 owners 58.3333% 2,868,413.33
5 Improvement (Family Home) Residential n/a n/a n/a n/a 495,740.00 495,740.00 6 owners 58.3333% 289,181.67

Gross Estate 13,371,478.28

Allowable Deductions:
Family Home (3,157,595.00)
Standard Deduction (5,000,000.00)
Net Estate 5,213,883.28
Estate Tax Rate 6%
Estate Tax Due 312,833.00