Certificate Authorizing Registration (CAR) is a certification issued by the Commissioner or his duly authorized representative attesting that the transfer and conveyance of land, buildings/improvements or shares of stock arising from sale, barter or exchange have been reported and the taxes due inclusive of the documentary stamp tax, have been fully paid.
With the implementation of the Electronic Certificate Authorizing Registration (eCAR) System, the CAR shall now be electronically generated.
SOURCE: http://www.bir.gov.ph/index.php/tax-information/capital-gains-tax.html#cgt3
With the implementation of the Electronic Certificate Authorizing Registration (eCAR) System, the CAR shall now be electronically generated.
SOURCE: http://www.bir.gov.ph/index.php/tax-information/capital-gains-tax.html#cgt3
