Business group seeks final discussion on real property tax

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ILOILO CITY: The local business sector here is seeking a last minute and final discussion on the proposed real property tax (RPT) increase with the city government finance team next week. City councilor Plaridel Nava, chairman of the SP committee on ways and means, said the appeal was relayed by Iloilo Business Club Executive Director Leah Lara to have a final discussion with the local finance team and executive assistant Perla Zulueta. Nava said his committee could not make it by next week as he will be abroad until the end of the month. The committee, on the other hand, is set to submit its recommendation for the approval of the amended new schedule of zonal valuation on real properties such as land, building and machineries set for implementation starting January 2015. Nava said he has already incorporated the recommendations and manifesto of support of the Liga ng mga Barangay, subdivision home owners and parents and teachers associations showing full support to the proposed RPT increases.

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