Local Taxation

Question 1

Provincial

Transfer tax on real property

Sale/donation of real property

Answer 1

50% of 1%

Higher of GSP, ZV or AV

Question 2

Provincial

Printing and Publication
(Newly Established)

Answer 2

1/20 of 1%

Capital investment

Question 3

Provincial

Printing and Publication
(Existing)

Answer 3

50% of 1%

Gross receipts (prior year)

Question 4

Provincial

Franchise tax
(Newly established)

Answer 4

1/20 of 1%

Capital investment

Question 5

Provincial

Franchise tax
(Existing)

Answer 5

50% of 1%

Gross receipts (prior year)

Question 6

Provincial

Sand, gravel and quarry

Ordinance issued by Sanggunian Panlalawigan

Answer 6

10%

Sharing:
Province = 30%
City/Mun = 30%
Barangay = 40%

FMV in locality per cubic meter

Question 7

Provincial

Professional tax

Deadline January 31

Answer 7

Not exceeding Php 300 per profession

Government employees are exempt

Question 8

Provincial

Amusement Tax

Answer 8

10% (old 30%)

Sharing:
Province = 50%
City/Mun = 50%

Gross receipts

Question 9

Provincial

Delivery truck/van

Annual Fixed tax

Answer 9

Php 500

per truck/van

Question 10

Provincial

Distribution of local tax if Factory, Office, Plant is located in another city

Answer 10

30% - principal office
70% - factory, office, plant, or plantation

Question 11

Provincial

Distribution of 70% if plantation is located other than Factory, Office, Plant is located

Answer 11

60% - factory is located
40% - plantation is located

Question 12

Real Property Tax

Answer 12

Metro Manila = 2%
Outside Metro Manila (Provinces) = 1%
Special Education Fund = 1%
Idle Land = 5%