QuestionsQuestions (VALENZUELA CITY ORDICE NO. 118 SERIES OF 2014)
It provides that provinces and cities (including municipalities within the Metropolitan Manila Area) shall primarily be responsible for the administration of real property tax.
The city or municipal treasurer concerned, including the collection of the tax with interest and related expenses, and enforcement of remedies.
To address deficient tax collection caused by the practice of paying real property tax on land only, without paying the corresponding tax on improvements.
The person (or authorized representative) must prepare and file a sworn statement with the provincial, city, or municipal assessor declaring the true value of the property within the required period after acquisition or upon completion/occupancy of the improvement, whichever comes earlier.
Within sixty (60) days of acquisition, or within sixty (60) days of completion or occupancy of the improvement, whichever comes earlier.
It requires that payment of basic real property tax on land and on improvements must be collected together (i.e., not separately accepted as payment for only one component).
It requires that payments for basic real property taxes be collected in a manner where payment for buildings, improvements, and machineries inevitably includes the tax on land and improvements; payment is accepted only if it covers both components.
The City Treasurer shall divide the partial payment proportionately and apply it to both land and improvements accordingly.
That certain things are immovable by nature or by incorporation/attachment to the soil, including land and buildings, and items attached in a fixed manner that cannot be separated without breaking/deterioration.
Machinery, receptacles, instruments, or implements intended by the owner for an industry or works carried on in a building or on land, and tending directly to meet the needs of that industry/works, may be considered immovable under the cited provision.
For effective and efficient collection and to prevent underpayment due to the practice of paying only for land while neglecting improvements.
It directs the City Government of Valenzuela to formulate necessary rules and regulations to implement the ordinance.
If any part is declared illegal or invalid, the remaining provisions not affected by the invalidity remain in full force and effect.
Any ordinance or provision inconsistent with the ordinance is repealed or modified accordingly.
Upon its approval.