Capital Gains Tax Rate 2024 Philippines. This is lower than the long term average of 37.30%. 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.


Capital Gains Tax Rate 2024 Philippines

The philippines imposes a capital gains tax, which is essentially a transaction tax on selling or transferring real estate properties classified as capital. Cgt in the philippines is levied at a rate of 6% of the gross selling price or fair market value, whichever is higher.

Capital Gains Tax Rate 2024 Philippines Images References :

Capital Gains Tax Rate 2024 Philippines