There are two types of capital gain outlined in the document. Capital gains from shares of stocks of domestic corporations are taxed at 15% of the net gain. Capital gains from real property located in the Philippines are taxed at 6% of either the selling price, current market value, fair value or assessed value, whichever is higher.
There are two types of capital gain outlined in the document. Capital gains from shares of stocks of domestic corporations are taxed at 15% of the net gain. Capital gains from real property located in the Philippines are taxed at 6% of either the selling price, current market value, fair value or assessed value, whichever is higher.
There are two types of capital gain outlined in the document. Capital gains from shares of stocks of domestic corporations are taxed at 15% of the net gain. Capital gains from real property located in the Philippines are taxed at 6% of either the selling price, current market value, fair value or assessed value, whichever is higher.
Net gain × 15% Capital gains from real property / real property / capital asset / located in the Philippines / Selling price/ the current market value/FV or the assessed value whichever is higher