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Philippines as a global tax leader | Joel L Tan-Torres

Part 20 The Asian Development Bank has been focused on assisting the Philippines’ tax collection efforts and enhancement of its tax administration systems. In the ADB press release of August 27, 2021, it announced that the ADB has approved a $400 million policy-based loan to the Philippines to help improve…

PHL assessors to gather for convention

The Philippine Association of Assessing Officers Inc. (PAAO, Inc.), in coordination with the Bureau of Local Government Finance of the Department of Finance, will hold its 17th National Convention and Annual Seminar on Real Property Appraisal and Assessment from April 2 to 5, 2024, at the Citystate Asturias Hotel Palawan,…

Proposed reforms in real property valuation | Atty Rodel C Unciano

Another piece of tax legislation that is in the pipeline is the Real Property Valuation and Assessment Reform Act (RPVARA). This proposed legislation seeks to reform the real property valuation and assessment system in the Philippines. Valuation of real property in the Philippines has always been an issue not only…

Bill to widen mandate of BLGF up for Senate gab

AS Senator Sherwin T. Gatchalian defended Senate Bill (SBN) 2386 at Wednesday’s plenary session, but the proposed Real Property Valuation and Assessment Reform Act a key plank of the tax reform package will not likely be passed within the year. The bill will institute reforms in real property valuation and assessment in…

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