Thursday, September 6, 2012

Section 236 of R A 7160

SEC. 236. Additional Ad Valorem Tax on Idle Lands. - A province or city, or a municipality within the Metropolitan Manila Area, may levy an annual tax on idle lands at the rate not exceeding five percent (5%) of the assessed value of the property which shall be in addition to the basic real property tax.
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1 comment:

  1. UnknownSeptember 7, 2012 at 5:02 PM

    Even provided in the Code, the City of Davao has not started collecting taxes on idle lands

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