The article discusses property ownership in the Philippines for Filipinos living abroad, including dual citizens and non-resident Filipinos. It outlines their rights, legal considerations, tax obligations, and the importance of proper title registration. It emphasizes the need for legal guidance to navigate the intricacies of real estate transactions.
Tag Archives: BIR
Step-by-Step Guide to Selling Real Estate Owned by a “Dead” Corporation
“We should all be obliged to appear before a board every 5 years and justify our existence… on the pain of liquidation.” – George Bernard Shaw, Irish Playwright and Political Activist (Part 2 of 4) By Realttorney® In Part 1 of this series, we discussed how corporations in the Philippines may be dissolved and howContinueContinue reading “Step-by-Step Guide to Selling Real Estate Owned by a “Dead” Corporation”
Unlocking Success: Why Registering with the BIR is Non-Negotiable for New Real Estate Salespersons
The post outlines the requirements for new real estate practitioners to register with the BIR in compliance with the National Internal Revenue Code. It details the steps and documents needed for registration, emphasizing the importance of tax compliance and its impact on national development. Atty. Jojo stresses the significance of adhering to tax laws for new real estate salespersons.
Realttorney® 