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Chiz proposes to exempt subdivision, condo common areas from real property taxes
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Chiz proposes to exempt subdivision, condo common areas from real property taxes
Senator Francis “Chiz” Escudero has proposed a legislative measure seeking to exempt common areas within residential subdivisions and condominiums from real property taxes (RPT) to provide financial relief to millions of middle-class families. Senate Bill No. 2569, which he filed on October 21, proposes an amendment to Section 234 of Republic Act 7160 or the […]
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