Quezon City Vice Mayor Joy Belmonte asked the city council to review the ordinance that imposes a .05 percent socialized housing tax (SHT) on property owners.
Belmonte, the council’s presiding officer, said the review should determine if the city should continue to implement Ordinance No. SP-2095, Series of 2011, especially with the plan to revise the fair market value of lands and buildings as proposed under Ordinance No. 20CC-141.
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