VALENZUELA CITY ORDICE NO. 265 Series of 2015

: It amends Ordinance No. 246, Series of 2015, which grants tax amnesty or relief on the payment of surcharges, penalties, and interest on real property taxes on machineries.
: The ordinance extends the period for availing tax amnesty or relief on surcharges, penalties, and interest on real property taxes on machineries.
: The tax amnesty or relief is granted on surcharges, penalties, and interest on delinquent real property back taxes on machineries.
: The delinquent real property taxes must be as of December 31, 2015, and prior years.
: It was authored by various councilors including Coun. Lorena Natividad-Borja, Coun. Antonio R. Espiritu, Coun. Rovin Andrew M. Feliciano, and others.
: The new deadline is on or before June 30, 2016.
: The total basic real property tax obligations on machineries must be settled, computed as of the date of application.
: Applications must be filed with the City Treasurer's Office in a prescribed form.
: All prior ordinances and rules inconsistent with this ordinance are repealed or modified accordingly.
: It takes effect fifteen (15) days after its publication in a newspaper of general circulation.