The Department of Finance (DOF) expects revenues from real property tax (RPT) would accelerate as local government units (LGUs) enhance their digital tools to strengthen local property valuation and tax collections. In a statement, Finance Secretary Carlos G. Dominguez III said on Tuesday, June 22,...
The Muntinlupa City government has extended until the end of the month the redemption of real properties it acquired. According to City Ordinance 2021-206, the redemption of real properties the city government acquired and which were included in the public auction sale in 2014, 2015, 2016, and 2017...
Business groups have urged Senate to pass immediately the Real Property Valuation and Assessment Reform Act, the Package 3 of the Duterte administration’s Comprehensive Tax Reform Program (CTRP). “We declare our strong support for the immediate passage of the Real Property Valuation and...