Venue for refund of CWT / CGT on sale of real properties

Venue for refund of CWT / CGT on sale of real properties

(Revenue Memorandum Order No. 30-2018)

This Tax Alert is issued to inform all concerned on venue for processing of claims for refund of erroneously paid Creditable Withholding Tax (CWT)/ Capital Gains Tax (CGT)on sale of real properties.

To align with the venue for payment of the CWT/CGT on sale of real properties, the processing of claims for refunds of erroneously paid CWT/ CGT on sale of real properties shall now be under the RDO having jurisdiction over the place where the subject property is located. The rule applies regardless of whether or not the claimant is a registered taxpayer in the said RDO.

Posted in Tax Alerts.