BIR: No blanket tax hike under property reform act

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Originally published byPhilippine Daily Inquirer

MANILA, Philippines – The implementation of the Real Property Valuation and Assessment Reform Act (RPVARA) will not automatically result in higher property taxes, as any change in payments will still depend on updated property valuations and local government tax policies, the Bureau of Internal Revenue (BIR) said. The RPVARA, set to be implemented by 2028 […]...

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