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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…
The Department of Finance (DOF) has formally requested the House of Representatives to withdraw the proposed Capital Markets Efficiency Promotion Act (CMEPA), also known as the GROWTH Bill, citing strong government revenues and better-than-expected performance in the first quarter of 2025. Initially introduced as a fiscal safeguard in times of uncertainty, the bill aimed to…
The Philippine Deposit Insurance Corporation (PDIC) has officially increased its maximum deposit insurance coverage (MDIC) from ₱500,000 to ₱1 million per depositor, per bank, effective March 15, 2025. The move is aimed at enhancing depositor confidence, ensuring financial stability, and protecting savings amid economic fluctuations. The adjustment is the first increase in deposit insurance since…
RE/MAX Philippines Marks Strong Presence at RE/MAX R4 2025 in Las Vegas Las Vegas, Nevada – The RE/MAX R4 2025 Convention, held from February 24 to 27 at Mandalay Bay Resort and Casino, brought together over 5,000 real estate professionals from more than 60 countries for one of the industry’s most prestigious gatherings. The annual event…
