SESSION I
• Capital assets and ordinary assets
• Tax rates for real estate developers, dealers , lessors
• Income taxation & requisites for income to be taxable
• Post reporting requirements
• Real estate pertaining to residence
LUNCH BREAK
SESSION II
• Exemption form the presumed capital gains tax and ordinary income taxes on sales under the community mortgage program
• Real and Other Properties Acquired (ROPA) and sales of ROPA
• Capital gains tax in case of non-redemption of property
