PH BIR Form 1706 2018-2025 free printable template

M. Others specify Tax Declaration No. TCT/OCT/CCT No. Others Is the property being sold your principal residence For Individual sellers only Do you intend to construct or acquire a new principal residence within 18 months from the date of disposition/sale Does the selling price cover more than one property Description of Transaction Mark one box only Cash Sale Installment Sale Exempt Foreclosure Sale 20 Are you availing of tax relief under an International Tax Treaty or Special Law If yes...specify For Installment Sale 22 Selling Price 23 Cost and Expenses 24 Mortgage Assumed 25 Total Payments Collection During the Initial Year If Exempt or others specify 26 Amount of Periodic Payment Collection 27 No. of Installments in the Contract 29 Fair Market Value FMV - Valuation at the time of Contract FMV of Land per latest Tax Declaration 29A 29B FMV of Improvements per latest Determination of Taxable Base 28 Date of Installment 29C FMV of Land as determined by BIR Commissioner zonal...value 29D determined by BIR Commissioner BIR Rules 30A Gross Selling Price 30B 30C 30D Bid Price For Foreclosure Sale Taxable Installment Collected Improvement Sum of 29A 29B/29C 29D/29A 29D/29B 29C whichever is higher 30E 30F On the Unutilized Portion of Sales Proceeds in case nos. 17 18 are applicable see Schedule 1 at the back COMPUTATION C o m p u t a t i o n o f T a x Taxable Base Item 30A or 30C whichever is higher for cash sale or item 30B or item 30D or Item 30E or Item 30F whichever is...applicable 6 Tax Due Less Tax Paid in Return Previously Filed if this is an Amended Return Tax Payable/ Overpayment Add Penalties Surcharge 35A Interest 35B Compromise 35C 35D Total Amount Payable/ Overpayment Sum of Items 34 35D If Overpayment mark one box only To be Refunded To be Issued a Tax Credit Certificate I declare under the penalties of perjury that this return has been made in good faith verified by me and to the best of my knowledge and belief is true and correct pursuant to the...provisions of the National Internal Revenue Code as amended and the regulations issued under authority thereof. Taxpayer/Authorized Agent Signature over Printed Name D e t a i l s of P a y m e n t Drawee Bank/ Date Particulars Agency Number MM DD YYYY 39 Cash/Bank Debit Memo 40A 40B 40C 40 Check 41 Tax Debit Memo 42 Others 42A Title/Position of Signatory Amount 40D 41A 41B 41C 42B 42C 42D Machine Validation/Revenue Official Receipt Details If not filed with the bank Stamp of Receiving Office and...Date of Receipt Schedule 1 BIR FORM 1706 - CAPITAL GAINS TAX RETURN Guidelines and Instructions Who shall file This return shall be filed in triplicate copies by all persons natural or juridical whether resident or non-resident including Estates and Trusts who sell exchange or dispose of a real property located in the Philippines classified as capital asset as defined under Sec. 39 A 1 of RA No. 8424. To be filled up by the BIR DLN BIR Form No. Capital Gains Tax Return Republika ng Pilipinas...Kagawaran ng Pananalapi Kawanihan ng Rentas Internas Jul y 1999 ENCS For Onerous Transfer of Real Property Classified as Capital Asset both Taxable and Exempt Fill in all applicable spaces. Mark all appropriate boxes with an X. 1 Date of Transaction MM/DD/YYYY Part I 5 TIN Seller Seller s Name et al Amended Return Yes No 3 No. of Sheets Attached ATC II 420 IC420 Background Information 6 RDO 7 TIN Code Buyer 10 Buyer s Name et al Individual Corporation 8 RDO Seller s Registered Address 12 Buyer s...Registered Address Seller s Residence Address For Individual 14 Location of Property Classification of Property Residential Commercial Condominium Residential Agricultural Industrial Condominium Commercial Brief Description of the Property Area sold sq. m. Others specify Tax Declaration No. TCT/OCT/CCT No. Others Is the property being sold your principal residence For Individual sellers only Do you intend to construct or acquire a new principal residence within 18 months from the date of...disposition/sale Does the selling price cover more than one property Description of Transaction Mark one box only Cash Sale Installment Sale Exempt Foreclosure Sale 20 Are you availing of tax relief under an International Tax Treaty or Special Law If yes specify For Installment Sale 22 Selling Price 23 Cost and Expenses 24 Mortgage Assumed 25 Total Payments Collection During the Initial Year If Exempt or others specify 26 Amount of Periodic Payment Collection 27 No. of Installments in the...Contract 29 Fair Market Value FMV - Valuation at the time of Contract FMV of Land per latest Tax Declaration 29A 29B FMV of Improvements per latest Determination of Taxable Base 28 Date of Installment 29C FMV of Land as determined by BIR Commissioner zonal value 29D determined by BIR Commissioner BIR Rules 30A Gross Selling Price 30B 30C 30D Bid Price For Foreclosure Sale Taxable Installment Collected Improvement Sum of 29A 29B/29C 29D/29A 29D/29B 29C whichever is higher 30E 30F On the...Unutilized Portion of Sales Proceeds in case nos.