BIR Zonal Values in Lumba-bayabao

These zonal values are published by BIR RDO 102 (Marawi City, Lanao del Sur) and represent the minimum taxable value per square meter for properties in Lumba-bayabao.

When computing taxes, the BIR uses whichever is higher: the selling price/fair market value or the zonal value. These values are used for:

• Capital Gains Tax (6%)
• Documentary Stamp Tax (1.5%)
• Transfer Tax (varies by LGU)

Source: BIR Revenue District Office 102