PIDS EPM 2020-2021
Reset and Rebuild for a Better Philippines in the Post-pandemic World
DLSU-AKI Working Paper Series 2021-11-079
Examining and Evaluating the Multidimensional Energy Poverty Index (MEPI) in the Philippine Household Context
DLSU-AKI Working Paper Series 2021-11-078
A Game Theoretic Study on CSR and Government Intervention for Sustainable Production
DLSU-AKI Working Paper Series 2021-11-077
Obstacles to Economic Freedom Affecting Micro, Small, and Medium Enterprises (MSMEs) in Southeast Asian Countries

PIDS WB 2021-1104
Assessing the Philippines' Performance in Meeting the ASEAN Economic Community Vision 2025
PIDS WB 2021-1103
Examining The Health Impacts Of The COVID-19 Pandemic In The Philippines
ILS 30th Anniversary Video
PIDS WB 2021-1102
Evaluating the Pantawid Pamilyang Pilipino Program's Payment System
Publication Detail
TRJ 2007 Vol XIX No 2a: Analysis of the Revenue Performance of the Vat on Real Property, CYs 2001-2005

The study reviews the revenue performance of the VAT on real property imposed by LGUs from 2001 up to 2005. For the period 2001-2005, VAT collection on real property transactions inclusive of sale and lease of real properties, amounted to P15.19 billion with an average annual collection of P3.04 billion, which is 4.04% of the total VAT collection and 0.68% of the total BIR collection for the same period. It is noted that the land use of the highest contributors are for residential, commercial and industrial purposes. These are the Revenue Regions categorized as highly urbanized cities such as Makati, Quezon City, Manila, and Cebu City. On the other hand, the lowest contributors to the VAT collection are the areas whose main investments are in agricultural and forest production. It is highly probable that the value of transactions in these areas may be below the threshold subject to the VAT.

National Tax Research Center
Authors Keywords
National Tax Research Center; real property tax; value added tax (VAT);
Download PDF Number of Downloads
Published in 2007 and available in the NTRC or NO PDF AVAILABLE Downloaded 0 times since November 25, 2011
Please let us know your reason for downloading this publication. May we also ask you to provide additional information that will help us serve you better? Rest assured that your answers will not be shared with any outside parties. It will take you only two minutes to complete the survey. Thank you.

To use as reference:
If others, (Please specify):
Name: (optional)
Email: (required, but will not display)
If Prefer to self-describe, please specify:
Level of Education:
If employed either part-time or full-time, name of office:
If others, (Please specify):
Would you like to receive the SERP-P UPDATES e-newsletter? Yes No
Use the space below if you have any comment about this publication or SERP-P knowledge resources in general.