Tax Exemption Procedure for Sale of Principal Residence

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REVENUE MEMORANDUM CIRCULAR NO. 45-2002, OCTOBER 14, 2002: Tax Exemption Procedure for Sale of Principal Residence

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Title Source: Supreme Court: Tax Exemption Procedure for Sale of Principal Residence

Law: Revenue Memorandum Circular No. 45-2002, October 14, 2002

Decision Date: Oct 14, 2002

Revenue Memorandum Circular No. 45-2002 streamlines the tax exemption process for the sale of principal residences by eliminating the need for prior tax exemption rulings and establishing new guidelines for the issuance of Certificates Authorizing Registration and Tax Clearance Certificates.

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