How to Process the (CGT) Capital Gains Tax in the Philippines, Step by Step Tutorial

In this video you will know the step by step processing of the Capital Gains Tax and the valid documents accepted at the BIR
Here are the documents:
1. Notarized DOAS
2. TIN and gov’t ID of both parties
3. Certified True copy of Transfer Certificate Title (a copy coming from Registry of deeds)
4. Latest tax declaration certified true copy
5. Tax Clearance
6. Certificate of no improvement
7. SPA (Special Power of Attorney) if you are authorizing someone to process the transfer of ownership
and 1 Valid Id if personal. However, if it is corporation, a corporate secretary should be executed.
8. Lot Plan (signed and sealed with Geodetic engineer). If the property is is located in a subdivision, include the subdivision plan.
Note: If in case, the buyer or a seller appoint someone to sign the deed of absolute sale, because the seller/buyer is in abroad. An SPA must be consularized or /apostilled at country where the seller/buyers' is presently residing.