Redemption rules on tax delinquent property

Ask AI

REVENUE MEMORANDUM CIRCULAR NO. 46-2018: Redemption rules on tax delinquent property

Getting related questions...
What do you want to know about the law?
Your conversations and searches stay on your device. We do not store or track your activity on our servers. To know more about our privacy commitment see jur.ph/privacy Ask AI provides quick answers grounded in full case texts to avoid mistakes. Always verify with the original text.

Ask AI

Title Supreme Court: Redemption rules on tax delinquent property

Law: Revenue Memorandum Circular No. 46-2018

Decision Date: Jun 20, 2018

Revenue Memorandum Circular No. 46-2018 clarifies that delinquent taxpayers must fully pay all public taxes, penalties, and interest to validly redeem properties sold at public auction, ensuring they retain possession and income from the property until the redemption period expires.

redemption

tax law

internal revenue

END