Sec. 200. Administration of the Real Property Tax. - The provinces and cities, including the municipalities within the Metropolitan Manila Area, shall be primarily responsible for the proper, efficient and effective administration of the real property tax.
A) In my experience as a REazl Proeprty Appraiser, the value that is used by Assessor is not at par with the valuation prevailing in the area. Why, this is only for taxation purposes
ReplyDeleteB) It would mean that if a property is located in a commercial area, but there is a building used as residential, then the actual use "residential " is to applied when it comes to assessment.
C. For purposes of uniformity in the local government unit, there should be a uniform classifcation of property.
D) If you are not an assessor, you can not assess a property for taxation purposes
E) The appraisal and assessment for properties owned by the rich or a poor taxpayer located in the same area must be similar, assuming that in all respect, it is the same in size, etc.
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