Hailee Kathrine

Capital Gain Tax Rate 2024 In Philippines. However, the gain on the sale of such real property shall be declared as other taxable income. According to the philippine tax code, capital gains tax is a tax that is imposed on earnings that the seller has gained from the sale of capital assets.

The capital gains tax on real property in the philippines is set at a flat rate of 6%. Natural and juridical sellers/transferors, whether residents or not, including estates and trusts, who sell, dispose or exchange real property classified as capital.