After a five-year pause, the city government is issuing the FMVs for various classes of real property as defined in Ordinance No. SP-2556, which was passed in 2016 and was applied until 2017. READ:
After a five-year pause, the city government is issuing the FMVs for various classes of real property as defined in Ordinance No. SP-2556, which was passed in 2016 and was applied until 2017.
“Here is the good news. The mayor has instructed us not to collect back taxes from 2018 to 2022,” city treasurer Edgar Villanueva said. Belmonte confirmed Villanueva’s announcement and told the Manila Standard: “Yes. We will no longer collect the back taxes for those years.” Villanueva clarified that the adjustment based on the FMV is not a new increase, just a reversion to the rate that was used five years ago.Meanwhile, taxpayers who would pay their annual taxes in advance could avail of a 20-percent discount, and those who would settle through installment basis shall get a 10-percent discount.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LPA to cause widespread rain showers over Bicol, Eastern Visayas, QuezonA low pressure area located northeast of Surigao del Norte will cause cloudy skies with scattered to widespread rain showers and thunderstorms over the Bicol Region, Eastern Visayas and Quezon on Sunday, PAGASA said in its weather forecast.
Read more »
Stop the ‘Stuff-itis’: How to declutter your space for the new yearDon’t wait 'till March to put away those decorations. 👀 BrandRap
Read more »
Iloilo City mayor asks cops to probe viral street brawlMayor Jerry Treñas of Iloilo City has asked the Philippine National Police (PNP) to probe the street brawl early morning of Sunday, Jan. 15, the video of which went viral.
Read more »
Marikina Bridge to fully reopen on Jan. 16 – Mayor MarcyMarikina City Mayor Marcy Teodoro said the Marikina Bridge is expected to fully open to vehicular traffic starting on Jan. 16, after a lane was closed to cordon off the rectification of the cracks and fissures found at the approach of the bridge.
Read more »
Mayor Olivarez orders investigation of city's former garbage contractorParañaque City Mayor Eric L. Olivarez announced on Sunday, Jan. 15, that he ordered an investigation on the reported “malicious and deliberate” acts by city’s former garbage hauling contractor.
Read more »