Bacarra, Ilocos Norte · RDO 001 (Laoag City, Ilocos Norte)
Effective: Oct. 6, 2023
Corocor is a barangay in Bacarra, Ilocos Norte with 15 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱411 per square meter. Street-level residential values range from ₱295 to ₱933 per square meter, with a median of ₱355/sqm. The highest-valued residential street is ALONG NATIONAL ROAD at ₱933/sqm. Commercial zonal values reach up to ₱1,496/sqm. The majority of classified streets (93.3%) carry agricultural 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 Corocor.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Corocor barangay-level residential value of ₱411/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 |
|---|---|---|---|
| Corocor | - | - | - |
↳ ALONG NATIONAL ROAD | ₱933 | ₱1,496 | ₱1,328 |
↳ ALONG PROVINCIAL ROAD | ₱765 | ₱998 | ₱885 |
↳ ACOSTA ROAD(PUROK ADARNA) | ₱355 | - | - |
↳ ACOSTA ROAD(INTERIOR) | ₱295 | - | - |
↳ BENITO ROAD(PUROK MAYA) | ₱355 | - | - |
↳ BENITO ROAD(INTERIOR) | ₱295 | - | - |
↳ CRISPIN ROAD(PUROK LOVEBIRD) | ₱355 | - | - |
↳ CRISPIN ROAD(INTERIOR) | ₱295 | - | - |
↳ PASTOR ROAD(PUROK CANATY) | ₱355 | - | - |
↳ PASTOR ROAD(INTERIOR) | ₱295 | - | - |
↳ PUROK SWALLOW(INTERIOR) | ₱355 | - | - |
↳ PUROK SWALLOW(ALONG BRGY ROAD) | - | - | - |
↳ PUROK SWALLOW(INTERIOR LOTS) | - | - | - |
↳ VISAYA ROAD(PUROK ROBIN) | ₱355 | - | - |
↳ VISAYA ROAD(PUROK EAGLE) | ₱340 | - | - |
These zonal values are published by BIR RDO 001 (Laoag City, Ilocos Norte) and represent the minimum taxable value per square meter for properties in Corocor, Bacarra.
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.