Wednesday, August 29, 2012
Section 206 of RA 7160
SEC. 206. Proof of Exemption of Real Property from Taxation. - Every person by or for whom real property is declared, who shall claim tax exemption for such property under this Title shall file with the provincial, city or municipal assessor within thirty (30) days from the date of the declaration of real property sufficient documentary evidence in support of such claim including corporate charters, title of ownership, articles of incorporation, bylaws, contracts, affidavits, certifications and mortgage deeds, and similar documents. If the required evidence is not submitted within the period herein prescribed, the property shall be listed as taxable in the assessment roll. However, if the property shall be proven to be tax exempt, the same shall be dropped from the assessment roll.
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This means if an owner of the property declares a property to be exempt with the Assessor, he is only given 30 days to prove to get documents that his property is indeed exempt.If not it should be listed as taxable in the taxable roll. for the meantime, when at a taxable status, the realty tax must be paid. However, when prove later that the property is really exempt, it must be dropped from the assessment roll of taxable properties and be listed under exempt.
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