Overhaul of property tax scheme to boost real estate market, says Dominguez

Posted June 4, 2019 | & filed under Updates.

Real Estate is the biggest financial resource of the government. It provides a vital role in the provisions of infrastructure. It also becomes a source of employment for some Filipinos. Due to the outdated real property value, its contribution to government revenues has remained dismal.  Because of this, the government has reformed the real property tax system which is also part of the comprehensive tax reform program of the Duterte Administration. Click on the source below for the article

Source: Inquirer.Net



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