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Councilor acknowledges business sector's concerns, pushes for staggered tax increase

The proponent of the revised Real Property Tax (RPT) Code in Cebu City understood the plight of the business community, as he echoed its call for staggered implementation of the tax increase. ....

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Measure to raise RPT 'violates' law

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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'Private road lots should be tax-exempt'

THE owners of some privately-owned road lots used for public purposes should be exempted from paying real property tax, the sponsor of the 2023 Real Property Tax Code said Thursday, Oct. 19, 2023. ....

Philippines General , Republic Of The Philippines , Noel Eleuterio Wenceslao , Barangay Hipodromo , Ayala Land Inc , City Council , Ayala Center Cebu , Property Tax Code , Eleuterio Wenceslao , Cebu City , Sunstar Cebu , Real Property Tax Code , Taxing Jurisdiction , City Government , Barangay Apas , Cebu Business Park , Ayala Land , Local News ,