How to pay capital gains tax and documentary stamp tax at the BIR

This is an actual process we went through when we processed the payment of capital gains tax (CGT) and documentary stamp tax (DST) with the Bureau of Internal Revenue (BIR)

1.) Fill-up the proper eBIR forms  1706 and 2000-OT (check BIR website)  and have a printout of these forms. You can do this at home thru online or offline which requires downloading of the app from the BIR website.

(indicate the name of the seller in the forms even if he/she is represented by an attorney-in-fact)

2.) At the BIR Revenue District Office (RDO), proceed to TIN Verification Section and fill-up Form 1904-Application for Registration, for both the seller and buyer.

3.) Next is at the ONETT (One-Time Transactions) section and have the taxes computed (thru a Computation Sheet) based on the Deed of Sale and Tax Declaration (Certified True Copy)

4.) Proceed to any of the RDO's Accredited Banks

-          (Better to know which bank submits/reports payments to BIR the earliest)

-          Fill–up deposit slips (1 for DST and 1 for CGT)

-          Submit the BIR forms 1706 and 2000-OT

-          Get Official Receipt of deposits and bank-stamped forms

5.) Back to BIR again. Secure and fill-up Form 0605 (Payment Form). Photocopy 2 copies. 

6.) Proceed to AAB and fill-up deposit slip (1 for each title) and pay P100 per title as Certification Fee. Attach 3 copies of forms

7.) Submit to ONETT – Original copies of Verified TINs, bank deposit slips and forms showing payment of Certification Fee, two copies of Deed of Sale (with special power of attorney, if any), original Tax Declaration, Certified True Copy of Title (must be nearest the time of transaction), Bank Deposit slips and Forms 1706 and 200-OT. And 1 set of photocopies of the same documents.

8.) Get Claim Slip with contact numbers for making follow-up calls.

9.) Claim the Certificate Authorizing Registration (CAR) and the original copies of the documents previously submitted. Make sure that what your receiving are original copies which would also be required by the Registry of Deeds. This will save you time and the hassle of returning to the BIR just to get the originals.

Authorization to use property

Date

To whom it may concern,

AUTHORIZATION

           

        The undersigned individuals hereby authorize Mr. _________ to use, occupy, take care, maintain our property specifically located at _______________________.

We also authorize him to represent us before the developer Empire East and/or the condominium association or homeowners association on any matter concerning the said property.

            This authorization shall be effective immediately and indefinitely until revoked in writing.

            Thank you very much.

Respectfully,

________________

 ________________

Authorization to use car / motor vehicle

AUTHORIZATION TO USE VEHICLE

Date

To whom it may concern,

           

            I am the actual owner of the following vehicle as shown in the Deed of Absolute Sale executed by the registered owner __________:

            2003 Toyota Vios MT / MV File No. _______ /  Plate No. _____ / CR No. _____ / OR No. ______

I hereby grant my authorization and consent to ____________________ for the use of this vehicle as stated in this letter.

            Copy of the Deed of Absolute Sale, OR and CR for the said motor vehicle are hereto attached.

Sincerely,

_________________

Affidavit of Loss (Identification cards)

Republic of the Philippines)

                                     ) S.S.

AFFIDAVIT OF LOSS

(Identification Cards)

I, ________, of legal age, Filipino, single and a resident of _________________, after having been duly sworn to in accordance with law, depose and state THAT:

1.   I am a seafarer working overseas and was recently deployed in Hawaii.

2.   Previously, I was issued the following documents/identification cards by the Philippine government:

a.)         SSS ID No. ________

b.)         Pag-ibig ID No. _________

c.)          TIN ID No. _________

d.)         OWWA Membership ID

3.   During my latest deployment as fisherman-seafarer in Hawaii, I brought with me the said identification cards. I placed all of them in my wallet.

4.   Unfortunately, on ________ around 4PM, our fishing vessel FV ______, while docked at ___________, got burned which started from the electrical components in the pilot house.

5.   Luckily, I was not present during the said incident as I was in another boat having a haircut, but I left my wallet with all the above identification cards inside my locker which were all consumed by fire.

6.   I tried to look for the said IDs after the fire was put out by a fire truck but the entire cabin area where my locker is located was burned; thus, these identification cards are now lost beyond recovery.

4. As such, I am executing this affidavit to attest to the foregoing facts and to support the application for the issuance of the new ones in lieu of those ones which were lost.

IN WITNESS WHEREOF, I have hereunto set my hand this ___________________ in ___________, Metro Manila, Philippines.

_____________

Affiant

SUBSCRIBED AND SWORN to before me this _______ day of __________________ in __________________, Metro Manila, affiant exhibiting to her Government Issued ID No. __________ issued on _____________ at ____________.

 NOTARY PUBLIC

Doc. No. Page No. Book No. Series of 2017.

Affidavit of Loss (Passport)

Republic of the Philippines)

                                     ) S.S.

AFFIDAVIT OF LOSS

(PASSPORT)

I, ___________________, of legal age, Filipino, single and a resident of _______________________________, after having been duly sworn to in accordance with law, depose and state THAT:

1. On January 12, 2010, I was issued a Philippine Passport by the Department of Affairs in Manila;

2. Recently, I had tried to look for the said passport but the same could not be found;

3. Despite diligent search and efforts to locate the said passport, I could not find the same such that I believe that it is now lost beyond recovery; 

4. As such, I am executing this affidavit to attest to the foregoing facts and to support the application for the issuance of a new one in lieu of the one which was lost. 

IN WITNESS WHEREOF, I have hereunto set my hand this ___________________ in ___________, Metro Manila, Philippines.

_______________

Affiant

SUBSCRIBED AND SWORN to before me this _______ day of __________________ in __________________, Metro Manila, affiant exhibiting to her Government Issued ID No. __________ issued on _____________ at ____________.

Doc. No. ____;
Page No. ____;
Book No. ____;
Series of 2017.

Affidavit of Loss

Republic of the Philippines)

                                     ) S.S.

AFFIDAVIT OF LOSS OF SPA

I, ________________, of legal age, Filipino, single and a resident of _________________________, after having been duly sworn to in accordance with law, depose and state THAT:

On November 17, 2016, a Special Power of Attorney was executed by the registered owners ________ and ____________ acknowledged before Notary Public ____________ (Doc. No. ___; Page No. __; Book No. __; Series of 2016) authorizing Ms.________ to sell the property covered by CCT Nos. ______ and ______ and execute necessary documents relative thereto.

Sometime in July 2017, the original copy of the said Special Power of Attorney given to me could not be found and that despite of diligent search and efforts, the same could no longer be found such that I now believe that it is now lost beyond recovery.

As such, I am executing this Affidavit of Loss to attest to the truth of the foregoing and for whatever legal purposes that this may serve.

IN WITNESS WHEREOF, I have hereunto set my hand this ___________________ in ___________, Metro Manila, Philippines.

___________

Affiant

SUBSCRIBED AND SWORN to before me this _______ day of __________________ in __________________, Metro Manila, affiant exhibiting to her Government Issued ID No. ____________.

	Doc. No. Page No. Book No. Series of 2017.