Reckoning date of Deed of Sale if the seller is in US

gracie1110

gracie1110

Arresto Menor

Posts : 2
Join date : 20/01/2012

good day po, just would like to inquire what will be the reckoning date or the basis of BIR for the computation of capital gains tax and doc stamp tax for the purpose of transfer of title via Deed of Sale. Pls. note that the seller is in US and the property is located in Quezon City.

Appreciate your response. Thanks and have a nice day ahead.

attyLLL

attyLLL

moderator

Posts : 21671
Join date : 12/04/2010
Location : https://www.facebook.com/BPOEmployeeAdvocate/

by practice, the date of notarization

gracie1110

gracie1110

Arresto Menor

Posts : 2
Join date : 20/01/2012

thank you for your reply atty. May I ask, since it will be a double notarization deed of sale, the date of notarization that will be followed is the one executed in the Phils.? is that correct atty.? Does the deed of sale has to be consularized since the seller in US? What citizenship(Filipo or American) will he used in the document?

Sponsored content

Reckoning date of Deed of Sale if the seller is in US

1 Reckoning date of Deed of Sale if the seller is in US Fri Jan 20, 2012 12:21 pm

gracie1110

2 Re: Reckoning date of Deed of Sale if the seller is in US Sun Jan 22, 2012 7:24 pm

attyLLL

3 Re: Reckoning date of Deed of Sale if the seller is in US Sun Jan 22, 2012 10:29 pm

gracie1110

4 Re: Reckoning date of Deed of Sale if the seller is in US

Sponsored content