revenue_memorandum_circular RMC No. 115-2020RMC No. 115-2020 2020-10-21

RMC No. 115-2020 — Clarifies the issuance of Certificate of Zonal Values of Real Properties Digest | Full Text

REPUBLIC OF THE PHILIPPINES BUREAU OF INTERNAL REVENUE DEPARTMENT OF FINANCE Iil BUREAU OF INTERNAL RE\IENUE RECORDS MG [. DtvrSr(trv October 9, 2020 REVENUE MEMoRANDUM crRcuLAR No. flg-20 ?rt : SUBJECT lssuonce of Certificote of Zonol Volues of Reol Properties IO : All Revenue District Officers, Assistont Revenue District ond Others Concerned This Circulor is issued to inform concerned slokeholders thot Certificote of Zonol Volues of Reol Properties sholl only be issued by the concerned Revenue District Offices hoving jurisdiction over the property locotion ond the some sholl be used by the opplicont in their tronsoctions with other government offices or privote entities. Certificotions lhot sholl be used for purposes of securing the ossistonce in the computotion of toxes relotive to One Time Tronsoction (ONETT) with the BlR, such os: Estote Tox. Donor's Tox, ond Copitol Goins Tox, etc., sholl no longer be processed os soid Certificolion is not omong the requirements from the opplicont in securing ossistonce in the computotion of toxes reloted to ONETT nor o requirement in the issuonce of Certificote Authorizing Registrotion (CAR). BIR processing offices ore directed to occess the opplicoble zonol volues posted in the BIR website thru https://www.bir.gov.ph/index.php/zoriol-volues.html or by clicking the "Zonol Volues" under the Quick Links in the BIR Website-Home Poge. The concerned Revenue Officer sholl generote screen print-oui thot will serve os supporting document of the computed tox due for purposes of securing the opprovol of the outhorized Revenue Officiol. Allrevenue officiols, employees, ond oihers concerned ore hereby enjoined to givethisCirculoroswideopublicityospossible This Circulor sholl toke effect immediotely. i rly CAESAR R. DUTAY Commissioner of lnternol Revenue h. rt 037156 t-3

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