Lanao del Norte, Northern Mindanao · RDO 101 (Iligan City, Lanao del Norte)
Effective: Oct. 20, 2020
Quick Summary: Magsaysay has residential zonal values ranging from ₱200 to ₱500 per sqm based on BIR RDO 101 (Iligan City, Lanao del Norte).
24 barangays
These zonal values are published by BIR RDO 101 (Iligan City, Lanao del Norte) and represent the minimum taxable value per square meter for properties in Magsaysay.
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.