QC to collect 'amilyar' based on 2017 schedule of fair market values

  • 📰 gmanews
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Quezon City government on Tuesday said its City Treasurer's Office (CTO) would resume the collection of real property taxes or ‘amilyar’ this year based on the 2017 schedule of fair market values (FMVs) of land.

The Quezon City government on Tuesday said its City Treasurer's Office would resume the collection of real property taxes or ‘amilyar’ this year based on the 2017 schedule of fair market values of land.

Villanueva said the “adjustment” is not a new hike but is only a revert to the rate that was used five years ago before the temporary suspension from the Supreme Court in light of homeowners' petition. However, the city government decided to continue the suspension to ease the effects of the inflation due to the impact of the Tax Reform Acceleration and Inclusion law, the local government said.

It also noted that the city government lost P1 billion in National Tax Allotment due to the national government's shortfall in tax collections amid the COVID-19 pandemic.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 11. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Wow! Ok ang QC. May consideration sa constituents nila. Eh sa Caloocan City, 245% ang itinaas ng amilyar!

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

QC to collect real property taxes based on 2017 schedule of fair market valuesAfter a five-year pause, the Quezon City local government, through its City Treasurer’s Office, will resume collection of real property taxes on land or amilyar this year based on the 2017 schedule of fair market values of land.
Fonte: inquirerdotnet - 🏆 3. / 86 Consulte Mais informação »