Sorsogon, Bicol Region · RDO 068 (Sorsogon City, Sorsogon)
Effective: 2024
Quick Summary: Magallanes has residential zonal values ranging from ₱1,350 to ₱3,500 per sqm based on BIR RDO 068 (Sorsogon City, Sorsogon).
37 barangays
These zonal values are published by BIR RDO 068 (Sorsogon City, Sorsogon) and represent the minimum taxable value per square meter for properties in Magallanes.
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.