Gigmoto, Catanduanes · RDO 069 (Virac, Catanduanes)
Effective: 2024-02-15
Poblacion District III is a barangay in Gigmoto, Catanduanes with 7 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱1,517 per square meter. Street-level residential values range from ₱1,100 to ₱1,600 per square meter, with a median of ₱1,600/sqm. The highest-valued residential street is PEÑAFRANCIA ST. at ₱1,600/sqm. Commercial zonal values reach up to ₱3,400/sqm. The majority of classified streets (85.7%) carry residential zoning. These values are used by the BIR as the minimum basis for computing capital gains tax and documentary stamp tax on property transactions in Poblacion District III.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Poblacion District III barangay-level residential value of ₱1,517/sqm
This is an estimate based on the BIR zonal value only. Actual taxes are computed on the selling price, fair market value, or zonal value, whichever is highest. Transfer tax (varies by LGU) and other fees are not included. Consult a licensed tax professional for exact computations.
| Location | Residential | Commercial | Industrial |
|---|---|---|---|
| Poblacion District III | - | - | - |
↳ PEÑAFRANCIA ST.(L. TOLLEDO TO ROJAS ST.) | ₱1,600 | ₱3,400 | - |
↳ J. DAYAWON ST.(L. TOLLEDO TO ROJAS ST.) | ₱1,600 | ₱3,400 | - |
↳ SALVACION ST.(L. TOLLEDO TO ROJAS ST.) | ₱1,600 | ₱3,400 | - |
↳ ROJAS ST.(SALVACION ST. TO PEÑAFRANCIA ST.) | ₱1,600 | ₱3,400 | - |
↳ L. TOLLEDO ST.(SALVACION ST. TO PEÑAFRANCIA ST.) | ₱1,600 | ₱3,400 | - |
↳ ALL OTHER STREETS(SALVACION ST. TO PEÑAFRANCIA ST.) | ₱1,100 | ₱3,000 | - |
↳ ALL LOTS(SALVACION ST. TO PEÑAFRANCIA ST.) | - | - | - |
These zonal values are published by BIR RDO 069 (Virac, Catanduanes) and represent the minimum taxable value per square meter for properties in Poblacion District III, Gigmoto.
When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:
Data Source: Bureau of Internal Revenue (BIR), Philippines
Legal Basis: Section 6(E) of NIRC of 1997, as amended by RA 10963 (TRAIN Law)
Data extracted from official BIR zonal value schedules. For official purposes, verify with BIR directly.