PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
REPUBLIC ACT NO. 1547 - AN ACT TO
AMEND SECTION FORTY-TWO OF REPUBLIC ACT NUMBERED SEVEN HUNDRED SIXTY,
OTHERWISE KNOWN AS THE CHARTER OF THE CITY OF TACLOBAN |
Section 1.
Section forty-two of Republic Act Numbered Seven hundred sixty is
amended to read as follows: "Sec. 42.
Taxes on real estate � Extension and remission of the tax. � A tax, the
rate of which shall not exceed two per centum ad valorem to be
determined by the Municipal Board, shall be levied annually on or
before the second Monday of January on the assessed value of all real
estate in the city subject to taxation. All taxes on real estate for
any year shall be due and payable annually on the first day of January
and from this date such taxes together with all penalties accruing
thereto shall constitute a lien on the property subject to such
taxation.
"Such lien shall be superior to
all other liens, mortgages or encumbrances of any kind whatsoever; and
shall be enforceable against the property whether in the possession of
the delinquent or any subsequent owner, and can only be removed by the
payment of the tax and penalty.cralaw
"At the option of the taxpayer, the tax for any year may be paid in two installments to be fixed annually by the Municipal Board simultaneously with the rate per centum of ad valorem taxation: Provided, That the time limit for the first and second installments shall be set at not later than the thirty-first day of May and the thirty- first day of October of each year, respectively. "Any person, who on the last day
set for the payment of the real estate tax as provided in the preceding
paragraphs, shall be within the premises of the City Hall willing and
ready to pay the tax but is unable to effect it on account of the large
number of taxpayers therein present, shall be furnished a properly
prescribed card which will entitle him to pay the tax without penalty
on the following day.
"The words "paid under protest" shall be written upon the face of the real estate tax receipt upon the request of any person willing to pay the tax under protest. Confirmation in writing of an oral protest shall be made within thirty days. "At the expiration of the time
for the payment of the real estate tax without penalty, the taxpayer
shall be subject, from the first day of delinquency, to the payment of
a penalty at the rate of two per centum for each full month of
delinquency that has expired, on the amount of original tax due, until
the tax shall have been paid in full or until the property shall have
been forfeited to the city as provided in this Act: Provided, That in
no case shall the total penalty exceed twenty-four per centum of the
original tax due. In the event that the crop is extensively damaged or
that a great lowering of the prices of products is registered in any
year, or that a similar disaster extends throughout the province, or
for other good and sufficient reason, the Municipal Board may, by
resolution passed on or before the thirty-first day of December of such
year, extend the time for the collection of the tax on real estate in
the City of Tacloban for a period not to exceed three months, or remit
wholly or in part the payment of the tax or penalty for the ensuing
year, but such resolution shall have to specify clearly the grounds for
such extension or remission and shall not take effect until it shall
have been approved by the Department Head.
"The President of the Philippines
may, in his discretion, remit or reduce the real estate taxes for any
year in the city if he deems this to be in the public interest."
Sec. 2. This Act shall take effect upon its approval.cralaw Approved: June 16, 1956 |
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