BIR Form No.

1706 Page 1 of 3

BIR Form No.

Capital Gains Tax Return 1706

Republika ng Pilipinas
Kagawaran ng Pananalapi
Kawanihan ng Rentas Internas
July 1999 (ENCS)
For Onerous Transfer of Real Property Classified as
Capital Asset (both Taxable and Exempt)
Date of Transaction
1 (MM/DD/YYYY) 2 Amended Return? 3
No. of Sheets 4 ATC
Attached?
II420 Individual
08 23 2023
Yes No 0
IC420 Corporation

Part I Background Information

5 TIN Seller 603 247 066 000 6 RDO 045 7 TIN Buyer 101 461 039 000 8 RDO 045
Code Code
9 Seller's Name (et al) 10 Buyer's Name (et al)
ABINAN, SUSAN CANAMAN FIGUEROA, MICHAEL ALLAN
11 Seller's Registered Address 12 Buyer's Registered Address
B4 LOT 6 PHASE 4 CIUDAD, ADELINA CONCHU TRECE MARTIRES BLK 17 LOT 13 BLVD ZONE 8 PUROK 6 CUPANG ANTIPOLO CITY
13 Seller's Residence Address (For Individual) 14 Location of Property 14A RDO Code
B4 LOT 6 PHASE 4 CIUDAD, ADELINA CONCHU TRECE MARTIRES IPIL ST. EAST DRIVE, MARIKINA HEIGHTS MARIKINA CITY 045

15 Classification of Property
Residential
Residential Commercial
Commercial Condominium
Condominium Residential
Residential Others
Others (Specify)
(Specify)

Agricultural
Agricultural Industrial
Industrial Condominium
Condominium Commercial
Commercial

16 Brief Description of the Property

TCT/OCT/CCT No. T-346991 Area Sold (sq. m) 39 Tax Dec. No. 0017051931 Others

17 Is the Property being sold your principal residence? (For individual sellers only) Yes
Yes No
No

18 Do you intend to construct or acquire a new principal residence within 18 months from the date of disposition/sale? (For Individuals) Yes
Yes No
No

19 Does the selling price cover more than one 20 Are you availing of tax relief under an International Tax Treaty or Special Law?
property?
Yes No
Yes
Yes No
No
If yes, specify
21 Description of Transaction (Mark one box only) For Installment Sale:

Cash
Cash Sale
Sale Foreclosure
Foreclosure Sale
Sale 22 Selling Price

Exempt
Exempt Others
Others 23 Cost and Other Expenses
Installment
Installment Sale
Sale 24 Mortgage Assumed

If Exempt, or Others, specify 25 Total Payments during the Initial Year

26 Amount of Installment this Month

27 No. of Installments in the Contract

28 Date of Installment (MM/DD/YYYY)

29 Fair Market Value (FMV) - Valuation at the time of

the Contract
29A FMV of Land per latest Tax Declaration 29C  FMV of Land as determined by BIR Commissioner (zonal value) 429,000.00
29B FMV of Improvements per latest Tax Declaration 29D  FMV of Improvements as determined by BIR Commissioner (BIR Rules) 441,861.60
30 Determination of Taxable Base
30A Gross Selling Price 0.00 30B Bid Price (For Foreclosure Sale)

870,861.60 30D Taxable Installment Collected (For

30C Fair Market Value of Land and Improvement
Installment Sale Excluding Interest)
(Sum of 29A & 29B/ 29C & 29D/ 29A & 29D/29B & 29C, whichever is
higher)
30E On the Unutilized Portion of Sales Proceeds (in case nos.
30F Others (Specify)
17 & 18 are applicable) (see Schedule 1 at the back)
Part II Computation of Tax
Taxable Base (Item 30A or 30C, whichever is higher, for cash sale, or item 30B, or item 30D, or Item 30E, or
31 Item 30F, whichever is applicable 31 870,861.60
32 6% Tax Due 32 52,251.70
33 Less: Tax Paid in Return Previously Filed, if this is an Amended Return 33 0.00
34 Tax Payable/(Overpayment) 34 52,251.70
35 Add: Penalties
Surcharge Interest Compromise

35A 0.00 35B 0.00 35C 0.00 35D 0.00

36 Total Amount Payable/(Overpayment)(Sum of items 34 & 35D) 36 52,251.70

If Overpayment mark one
box only: To be refunded To be issued a Tax Credit Certificate

I declare, under the penalties of perjury, that this return has been made in good faith, verified by me, and to the best of my knowledge and belief,
is true and correct, pursuant to the provisions of the National Internal Revenue Code, as amended, and the regulations issued under authority thereof.

37____________________________________________________ 38_______________________________
Taxpayer/Authorized Agent Signature over Printed Name Title/Position of Signatory

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BIR Form No. 1706 Page 2 of 3

Machine Validation/Revenue Official Receipt Details (If not filed with the bank)

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BIR Form No. 1706 Page 3 of 3

Schedule 1 Computation of Tax Base on the Unutilized Portion of Sales Proceeds (if box nos. 17 and 18 are applicable)

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