RMC No. 126-2016 — Decentralizes to the Revenue District Offices the issuance of Certificate of Zonal Values of Real Properties

REPUBLIC OF THE PHILIPPINES

DEPARTMENT OF FINANCE

S BUREAU OF INTERNAL REVENUE

November 25. 2016

REVENUE MEMORANDUM CIRCULAR NO. 1&( -30/%

SUBJECT Issuance of Certificate of Zonal Values of Real Properties

TO All Revenue District Officers, Assistant Revenue District Officers and

Others Concerned

This Circular is hereby issued to address a significant number of taxpayers complaining on the inconvenience of getting certification of zonal values of real properties from the National Office which is needed in the computation of Estate, Donors and Capital Gains Taxes before the issuance

Currently. the office of the Assessment Performance Monitoring Division (APMD) issues this of electronic Certificate Authorizing Registration (eCAR) and for any other legal purpose.

certification on zonal values of real properties wherever located to the requesting taxpayer

ensure the timely processing of eCAR. the issuance of Certification of Zonal Values of Real Relative thereto. in order to facilitate the efficient and responsive service to taxpayers and to

Properties is hereby decentralized to the Revenue District Offices (RDOs). However, the office of the APMD is not precluded to issue the said ccrtification to any requesting taxpayer.

The guidelines enumerated hereunder shall be observed in the issuance of Certification of Zonal Values of Real Properties by the RDOs:

l. The Revenue District Officers/Assistant Revenue District Officers or authorized

representative from the Sub-Technical Committee on Real Property Valuation in the

available for download thru huptwww.bir.so.phindexaphp/zonal-salues hini: and district shall issue subject certification based on the historical/current zonal values

2. The Certification fee prescribed under Executive Order No. 197 in the amount of One

Certificates (Sec. 188 of the NIRC of 1997) shall be charged to the taxpayer/authorized Hundred pesos (Php 100.00) and Fifteen Pesos (Php 15.00) documentary Stamp Tax on

representative for each released certification. Payment of Certification fee shall be paid to any Accredited Agent Bank (AAB), Revenue Collection Officer (RCO) or Deputized

Of the Bureau. Municipal Treasure (DMT) of their jurisdiction thru BIR Form 0605 or the Official Receipt

as wide a publicity as possible. All revenue officials, employces and others concerned are hereby enjoined to give this Circular

This Circular shall take effect immediately

BUREAU OF INTERNAL REVENUE RECORS MGT. DIVISION RECEIVED DEC D 2 201G :A.A AALA Commissioner of Jnternal Revenuc CA ESAR R. DULAY Ot