Implementation of the Revised Schedule of Zonal Values of Real Properties in the City of Tandag and the Province of Surigao del Sur within the Jurisdiction of RDO No. 106-Tandag City for Internal Revenue Tax Purposes

November 8, 2018DOF DEPARTMENT ORDER NO. 057-18SUBJECT:Implementation of the Revised Schedule of Zonal Values of Real Properties in the City of Tandag and the Province of Surigao del Sur within the Jurisdiction of Revenue District Office No. 106-Tandag City for Internal Revenue Tax Purposes   TO:All Internal Revenue Officers and Others Concerned Section 4 of Republic Act 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Law, amending Section 6 (E) of National Internal Revenue Code (NIRC), the Commissioner is hereby authorized to divide the Philippines into different zones or areas and shall, determine the fair market value of real properties located in each zone or areas, subject to automatic adjustment once every three (3) years. By virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in the City of Tandag, City of Bislig and the Province of Surigao del Sur within the jurisdiction of Revenue District Office No. 106-Tandag City, Surigao del Sur, Revenue Region No. 17-Butuan City, after public hearing was conducted on...