Search results
15 cze 2021 · Under the TRAIN Law, beginning January 1, 2021, VAT exemption on sale of real properties shall only apply to sale of real properties not primarily held for sale to customers or held for lease in the ordinary course of trade or business, sale of real property utilized for socialized housing, and sale of house and lot and other residential ...
1 lut 2024 · In its recently issued Revenue Regulation (RR) No. 1-2024, the Bureau of Internal Revenue (BIR) increased the selling price threshold for VAT exemption purposes of the sale of house and lot, and other residential dwellings, further amending Section 2, Sub-section 4.109-1(B)(p) of Revenue Regulations No. 4-2021.
The VAT exemption threshold for the sale of house and lot packages and other residential dwellings is now at P3,199,200.00, applicable beginning 01 January 2021 per Bureau of Internal Revenue (BIR) RR 08-2021 dated 11 June 2021.
17 sty 2024 · MANILA – The Bureau of Internal Revenue (BIR) has increased the threshold for value-added tax (VAT) exemption for the sale of house and lot as well as other residential dwellings from nearly PHP3.2 million to PHP3.6 million.
12 cze 2021 · The VAT-exempt threshold of Two Million Pesos (PHP2,000,000.00) for the sale of house and lot and other residential dwellings is adjusted to Three Million One Hundred Ninety-Nine Thousand Two Hundred Pesos (PHP3,199,200.00) beginning 1 January 2021.
17 sty 2024 · The Bureau of Internal Revenue (BIR) increased value-added tax (VAT) exemption threshold for residential properties to below P3.6 million. Commissioner Romeo Lumagui Jr. announces the exemption through Revenue Regulations No. 1-2024.
18 sty 2024 · Bureau of Internal Revenue Commissioner Romeo D. Lumagui Jr has issued Revenue Regulations No. 1-2024 which increased, for value-added tax (VAT) exemption purposes, the selling price threshold of the sale of house and lot, and other residential dwelling from P3,199,200.00 to P3,600,000.00.
