Friday, September 25, 2020

Good news for Zambo real property owners!

THE LOCAL government urged real property owners to avail of the 100% real property tax relief on penalties, surcharges and other interests for all unpaid taxes covering the period 2020 and prior years and this shall run until end of the year.

The City Council also approved Ordinance 541 granting amnesty on the payment of penalties on transfer tax of real property for the period May 31 this year and prior years. This amnesty is until November 30.

The City Treasurer’s Office said these offers are rare opportunity granted by the local government to help delinquent owners settle their accounts at a lower cost. The amnesty forms part of the local government’s Covid-19 Recovery and Rehabilitation Plan.

Real property is land and any property attached directly to it, including any subset of land that has been improved through legal human actions. Examples of real properties can include buildings, ponds, canals, roads, and machinery, among other things. (Zamboanga Post)

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