Capital Gain Tax Rate 2024 Philippines

Capital Gain Tax Rate 2024 Philippines. In the philippines, anyone who realizes a capital gain or profit from the sale of a capital asset is liable to pay cgt. The capital gains tax on real property in the philippines is set at a flat rate of 6%.


Capital Gain Tax Rate 2024 Philippines

Cgt in the philippines is levied at a rate of 6% of the gross selling price or fair market value, whichever is higher. To minimize this tax, consider the following tips:

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