Taxation of FBDC's property transfer to BCDA

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BIR REVENUE MEMORANDUM CIRCULAR NO. 3-2014: Taxation of FBDC's property transfer to BCDA

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Title Supreme Court: Taxation of FBDC's property transfer to BCDA

Law: Bir Revenue Memorandum Circular No. 3-2014

Decision Date: Jan 6, 2014

The BIR Revenue Memorandum Circular No. 3-2014 modifies the previous ruling on the tax implications of Fort Bonifacio Development Corporation's transfer of real properties to the Bases Conversion and Development Authority, clarifying that such transactions are subject to income tax, VAT, and documentary stamp tax.

administrative law

tax law

revenue memorandum

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