A Home for Every Filipino
To date, developers of mass housing projects continue to suffer the persistent requirement of the BIR to present a ruling issued by its national office for every housing project that is granted exemption from the payment of the Creditable Withholding Tax (CWT). The ruling is required by the BIR before
Starting January 1 this year, real estate buyers can already enjoy added relief from value-added taxes (VAT) with the passage of BIR Revenue Regulation No. 16-2011, which effectively increases the threshold amounts for VAT-exempt transactions, as follows: (1) From Php1.5 Million to Php1,919,500 for residential lots; and (2) From Php2.5
Immediately after the massive destruction brought about by the big floods worsened by rampaging logs that accompanied the onslaught of Typhoon Sendong as it hit several cities in Eastern Visayas and Northern Mindanao last December, the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA) launched a nationwide fund drive
The Chamber of Real Estate & Builders’ Associations, Inc. led twenty-three International REALTOR® Members (IRMs) from the Philippines in this year’s Annual Conference and Expo of the Chicago-based National Association of Realtors® held at sunny Anaheim, California from November 11-14. This year’s theme was “Seize the Day”. Indeed, the Conference
Two thousand eleven has been a time of plenty and a year of many firsts for the Chamber of Real Estate & Builders’ Associations, Inc. (CREBA). While many countries in the world have seen continuing what could be referred to as eclectic property downturns and various “Occupy” movements battling against
Article XII, Section 1 of the 1987 Philippine Constitution on national economy and patrimony states that, “The State shall promote industrialization and full employment based on sound agricultural development and agrarian reform, through industries that make full of efficient use of human and natural resources, and which are competitive in
The views expressed in the individual posts – other than those in the “Advocacy”, “From the Chairman” and “From the President” post categories – are those of the author and may not necessarily reflect CREBA’s official stand. We respect intellectual property rights; if you believe yours have been infringed upon, please contact us immediately.
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