Alfi Cristal

Capital Gains Tax Philippines 2024. Dividends, capital gains and taxes: According to the philippine tax code, capital gains tax is a tax that is imposed on earnings that the seller has gained from the sale of capital assets.

This tax is calculated based on the higher value between the sale price or the fair market value of the asset. Natural and juridical sellers/transferors, whether residents or not, including estates and trusts, who sell, dispose or exchange real property classified as capital.