Banna, Ilocos Norte · RDO 001 (Laoag City, Ilocos Norte)
Effective: Oct. 6, 2023
Marcos is a barangay in Banna, Ilocos Norte with 12 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱960 per square meter. Street-level residential values range from ₱860 to ₱970 per square meter, with a median of ₱970/sqm. The highest-valued residential street is ALL LOTS at ₱970/sqm. Commercial zonal values reach up to ₱1,250/sqm. The majority of classified streets (100%) 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 Marcos.
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Marcos barangay-level residential value of ₱960/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 |
|---|---|---|---|
| Marcos | - | - | - |
↳ ALL LOTS(ILOCOS NORTE - ABRA RD.) | ₱970 | ₱1,250 | - |
↳ ALL LOTS(BANNA - BATAC RD.) | ₱970 | ₱1,250 | - |
↳ ALL LOTS(ALONG BRGY ROAD) | ₱960 | ₱1,230 | - |
↳ ALL LOTS(INTERIOR) | ₱860 | ₱1,130 | - |
↳ ALL LOTS(SACAYANAN RD.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(AGRES ST.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(GOV. ESPIRITU RD.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(SAN ESTEBAN RD.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(BRACEROS ST.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(SAN ANDRES ST.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(SORIANO ST.) | ₱970 | ₱1,240 | - |
↳ ALL LOTS(BURGOS ST.) | ₱970 | ₱1,240 | - |
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 Marcos, Banna.
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.