Here are the taxes you need to pay when buying a property in the Philippines:
- 12% Value Added Tax (VAT) (If the total selling price is more than 2 Million)
- Documentary Stamp Tax (DST) 1.5% of the total selling price
- Transfer Fee .5 of 1% of the total selling price
- Registration Fee (More or less, the percentage is .5 of 1% based on the total selling price)
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