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Capital Gains Tax calculator for the Philippines

Our Capital Gains Tax (CGT) calculator for the Philippines is a reliable online resource designed to simplify calculating the CGT due on your real estate transactions. The Capital Gains Tax calculator for the Philippines was created to help individual taxpayers, real estate investors, and financial professionals quickly estimate the capital gains tax payable to the Bureau of Internal Revenue (BIR).

What is Capital Gains Tax?

Capital Gains Tax in the Philippines is a form of tax levied on the profit from the sale of non-inventory assets purchased at a cost amount lower than the amount realized upon the sale. In the Philippines, CGT primarily applies to the sale of real property and shares of stocks not traded in the stock exchange. For real estate transactions, the CGT rate is 6% of the gross selling price or the current fair market value, whichever is higher.

Using the Capital Gains Tax calculator for the Philippines

Our CGT Calculator is user-friendly and requires only one step to provide you with an accurate estimation of your capital gains tax obligations:

  1. Enter the selling price or fair market value: Input the total amount for which the property was sold or input the current fair market value as determined by either the BIR or the local government unit (LGU), whichever is higher. Make sure to input the amount in Philippine pesos (PHP).

After inputting the necessary information, our calculator will compute the CGT due based on the provided data and the applicable tax rates set by the Philippine government. The tax is shown in Philippine peso and US dollar.

Calculator for Capital Gains Tax Philippines

You can use the Capital Gains Tax calculator for the Philippines below to compute the real estate CGT tax on the property sale in the Philippines.

Stay compliant with BIR regulations

Understanding and complying with your tax obligations is crucial. Our Capital Gains Tax calculator for the Philippines is designed to give you a preliminary assessment of your CGT liabilities. However, consulting with a tax professional or the Bureau of Internal Revenue is recommended for complex transactions or further tax planning and advice.

Get help with tax filing in the Philippines

Leave your name and email below – Our legal expert will reach out to assist you with tax reporting and filing in the Philippines.
Written by Matt Timmermans

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Get help with tax filing in the Philippines

Leave your name and email below – Our legal expert will reach out to assist you with tax reporting and filing in the Philippines.