Capital Gains Tax Rate 2024 Philippines 2024

Capital Gains Tax Rate 2024 Philippines 2024. Holding your property for at least one year before selling it can result in lower capital gains tax rates. Capital gains tax in the philippines [latest:


Capital Gains Tax Rate 2024 Philippines 2024

The capital gains tax rate is 6% and is calculated based on the higher of the gross selling price or the current fair market value. Exemptions are available for those reinvesting in a principal residence within a specified period.

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