Live Breaking News & Updates on Nd Confiscatory Tax Increase

A LARGE private developer has argued that the 2023 Revised Real Property Tax Code for the Taxing Jurisdiction of the City of Cebu leading to an “astronomical increase” in real property tax due, contravenes principles provided in the Local Government Code (LGC) of the Philippines, and urged the Cebu City Government to act with restraint in exercising its tax powers. ....

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