News

A sweeping investigative report from the Cebu City Legal Office (CCLO) has revealed “gross illegality” in the large-scale ...
The Cebu City Council has directed the City Assessor’s Office to formally notify all real property owners that any increase ...
QUEZON CITY, Philippines — Quezon City residents with unpaid real property taxes no longer have to pay interest and penalties if they settle their liabilities on or before March 31.
AS we are again in the season of payment of real-property taxes, I hear several stories and concerns involving the proper valuation of real properties. Many are surprised with the sudden increase ...
The 10 percent increase of the real property tax in all the 44 municipalities in the Province of Cebu is set to take effect on January 20, 2023.
Typical deductions include repairs and maintenance, depreciation, and taxes and licenses, which include local business tax, mayor’s permit, and real property tax.
ILOILO CITY, Philippines – Businesses and landowners in Iloilo City, frustrated by the real property tax (RPT) increase that took effect at the start of 2024, will get relief for sometime. Mayor ...
MANILA, Philippines – The Makati City government approved an ordinance lowering real property tax rates across all land classifications, effective January 1, 2025.
A PROPOSED law reforming real estate taxation in the Philippines will make property valuation more market-driven through a government database, a finance official said on Thursday. Finance ...
MANILA: The Marcos administration would not impose new taxes as part of efforts to repair the economy after the pandemic, Finance Secretary Ralph Recto said on Wednesday (Jan 24), adding the ...
MANILA, Philippines—President Rodrigo Duterte has ordered the reduction and condonation of real property taxes and penalties imposed on power generation ...
MANILA, Philippines — Provinces and cities are losing an estimated P30.5 billion in revenues annually as a result of outdated real property values, underscoring the need for valuation reforms in ...