Iloilo City, Iloilo · RDO ()
Effective: 2021
Magsaysay [formerly Magsaysay (Iloilo City)] is a barangay in Iloilo City, Iloilo with 7 street-level zonal value classifications published by the Bureau of Internal Revenue (BIR). The barangay-level residential zonal value is ₱22,000 per square meter. Commercial zonal values reach up to ₱43,250/sqm. The majority of classified streets (100%) carry commercial 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 Magsaysay [formerly Magsaysay (Iloilo City)].
Calculate capital gains tax (CGT) and documentary stamp tax (DST) based on BIR zonal values.
Based on Magsaysay [formerly Magsaysay (Iloilo City)] barangay-level residential value of ₱22,000/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 |
|---|---|---|---|
| Magsaysay [formerly Magsaysay (Iloilo City)] | ₱22,000 | ₱26,000 | - |
↳ ALDEGUER ST(JM BASA ST-IZNART ST) | - | ₱33,500 | - |
↳ DE LEON ST(IZNART ST-VALERIA ST) | - | ₱28,250 | - |
↳ IZNART ST(PLAZOLETA GAY-DE LEON ST) | - | ₱41,750 | - |
↳ J.M. BASA ST(PLAZOLETA GAY-ALDEGUER ST(C.Mapa St.)(FORBES BRIDGE-HECHANOVA ST)) | - | ₱43,250 | - |
↳ LEDESMA ST(PLAZOLETA GAY-VALERIA ST) | - | ₱43,250 | - |
↳ MAGSAYSAY ROAD(IZNART ST-VALERIA ST) | - | ₱29,250 | - |
↳ VALERIA ST(LEDESMA ST-DE LEON ST) | - | ₱31,100 | - |
These zonal values are published by BIR RDO () and represent the minimum taxable value per square meter for properties in Magsaysay [formerly Magsaysay (Iloilo City)], Iloilo City.
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.