Scribd
Upload
258 views1 page

Computation CWT

Haussman Holdings purchased several properties totaling 11,055 square meters with a total purchase price of 409,035,000. Based on the market and zonal values of the properties, the computation of creditable withholding tax is 27,049,374, with an additional documentary stamp tax of 6,762,343.50. After accounting for excess creditable withholding tax paid by the buyer, the remaining tax due is 2,507,274.

Uploaded by

Marvin W. Santos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
258 views1 page

Computation CWT

Haussman Holdings purchased several properties totaling 11,055 square meters with a total purchase price of 409,035,000. Based on the market and zonal values of the properties, the computation of creditable withholding tax is 27,049,374, with an additional documentary stamp tax of 6,762,343.50. After accounting for excess creditable withholding tax paid by the buyer, the remaining tax due is 2,507,274.

Uploaded by

Marvin W. Santos
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Estimated Computation of Creditable Withholding tax (CWT)

HAUSSMAN HOLDINGS, INC.

Zonal value @
Item Area (sq.m.) Purchase Price Market Value P40,780/sq.m.
C-389369 559 9,653,930.00 22,796,020.00
C-389370 2,500 103,650,000.00 101,950,000.00
C-389371 496.00 10,279,104.00 20,226,880.00
409,035,000.00
C-389372 2,500.00 43,175,000.00 101,950,000.00
C-389373 2,500.00 103,650,000.00 101,950,000.00
C-389374 2,500.00 43,176,000.00 101,950,000.00
TOTAL 11,055.00 409,035,000.00 313,584,034.00 450,822,900.00

Purchase Price 409,035,000.00


Zonal Value 450,822,900.00
Market Value 313,584,034.00
Tax Base 450,822,900.00
CWT (6%) 27,049,374.00
DST (1.5%) 6,762,343.50
Excess in CWT
(buyer's share) 2,507,274.00

You might also like