After a five-year pause, the Quezon City local government, through its City Treasurer’s Office, will resume collection of real property taxes on land or amilyar this year based on the 2017 schedule of fair market values of land.
However, despite the favorable decision, the local government decided to continue its suspension until recently to alleviate “the effects of inflation caused by the Tax Reform Acceleration and Inclusion law.”
“Through the years, the unwavering support of our residents through their tax payments has enabled us to fund impactful programs. We look forward to the same support as we aim to build and rehabilitate vital public facilities such as footbridges, parks, schools, and hospitals, among others, and to fund the social services that we extend to the marginalized,” Villanueva said.
Taxpayers who will settle their annual dues on or before March 31, 2023 can avail themselves of a 20 percent discount, while those who will pay via installment or on or before the end of each quarter will receive a 10 percent discount.
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