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What Is Documentary Stamp Tax (DST)? Documentary Stamp Tax, or DST, is a tax imposed on documents, instruments, loan agreements, and papers that prove the acceptance, assignment, sale, or transfer of an obligation or right. In Philippine real estate, DST is triggered when a property is sold, donated, or otherwise transferred — whether through a…
Selling inherited property involves a series of legal and tax requirements to ensure rightful ownership, tax compliance, and avoid future disputes. This guide provides a complete roadmap—from estate settlement to final sale. 1. Settlement of the Estate To begin selling inherited property, heirs must first settle the estate through: Extrajudicial Settlement – Applicable when the…
The Bureau of Internal Revenue (BIR) has released updated zonal values for 2025 — a move that directly affects how much tax buyers, sellers, and heirs will need to pay when transferring real estate properties in the Philippines. These new values serve as a benchmark for computing Capital Gains Tax, Estate Tax, and Documentary Stamp…
Real Property Valuation and Assessment Reform Act (RPVARA): What You Need to Know Introduction The Real Property Valuation and Assessment Reform Act (Republic Act No. 12001) was signed into law on June 13, 2024, and took effect on July 5, 2024. This law aims to standardize real property valuation across the Philippines, ensuring transparency and…
