TAXES AND FEES

Owners of land and buildings have to pay real property taxes annually. Taxes are a percentage of the property's taxable value.

Real property tax payments are made at the Land Tax Division of the CTO. Taxpayers may choose to pay on an annual or quarterly basis. Schedule of discounts are given to:

•  10% -for prompt payment
•  20% -for advance payment

REQUIREMENTS:

FOR THE COMPUTATION OF REAL PROPERTY TAXES

• Original/photocopy of the Official Receipt (last payment)
• Original/photocopy of the tax declaration.

FOR THE COMPUTATION OF TRANSFER TAXES

• Land tax receipt (current year)
• Latest tax declaration
• Original and photo copy of the duly notarized transfer documents (deed of sale or certificate of sale, deed of donation, declaration of heirship).
• Secretary fee of P30.00

 

FOR REAL PROPERTY TAX PAYMENTS CERTIFICATE (TAX CLEARANCE)

• Land tax receipt (current year)
• Secretary fees of P30.00