1) This report summarizes real property assessments in Taguig City as of the first quarter of 2011. It details the number of properties, land areas, market values, assessed values, basic tax rates, and self-employment tax (SEF) rates for different property classifications including agricultural, commercial, residential, industrial, government, and special properties.
2) Over 116,000 taxable properties were assessed with a total market value over PHP 123 billion and total assessed value over PHP 57 billion. Basic tax revenues were over PHP 2.3 billion while SEF tax revenues were nearly PHP 1.9 billion.
3) Nearly 1,500 exempt properties were also reported with a total market value over PHP 7.
1) This report summarizes real property assessments in Taguig City as of the first quarter of 2011. It details the number of properties, land areas, market values, assessed values, basic tax rates, and self-employment tax (SEF) rates for different property classifications including agricultural, commercial, residential, industrial, government, and special properties.
2) Over 116,000 taxable properties were assessed with a total market value over PHP 123 billion and total assessed value over PHP 57 billion. Basic tax revenues were over PHP 2.3 billion while SEF tax revenues were nearly PHP 1.9 billion.
3) Nearly 1,500 exempt properties were also reported with a total market value over PHP 7.
1) This report summarizes real property assessments in Taguig City as of the first quarter of 2011. It details the number of properties, land areas, market values, assessed values, basic tax rates, and self-employment tax (SEF) rates for different property classifications including agricultural, commercial, residential, industrial, government, and special properties.
2) Over 116,000 taxable properties were assessed with a total market value over PHP 123 billion and total assessed value over PHP 57 billion. Basic tax revenues were over PHP 2.3 billion while SEF tax revenues were nearly PHP 1.9 billion.
3) Nearly 1,500 exempt properties were also reported with a total market value over PHP 7.
1) This report summarizes real property assessments in Taguig City as of the first quarter of 2011. It details the number of properties, land areas, market values, assessed values, basic tax rates, and self-employment tax (SEF) rates for different property classifications including agricultural, commercial, residential, industrial, government, and special properties.
2) Over 116,000 taxable properties were assessed with a total market value over PHP 123 billion and total assessed value over PHP 57 billion. Basic tax revenues were over PHP 2.3 billion while SEF tax revenues were nearly PHP 1.9 billion.
3) Nearly 1,500 exempt properties were also reported with a total market value over PHP 7.
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Republic of the Philippines
TAGUIG CITY QUARTERLY REPORT ON REAL PROPERTY ASSESSMENTS
As of the Quarter Ending January - March 31, 2011
Summary of Real Property Assessments as of the End of the Quarter
No. of Market Value Assessed Value Basic Tax S E F Tax Property Real Buildings Buildings Rate of Rate of Classification Property Land Area Land P175,000 above Machine Other TOTAL Land P175,000 MV above Machine Other TOTAL Levy Collectibles Levy Collectibles Units (in sq. m.) or less P175,000 Impr. or less P175,000 MV Impr. (%) (%)
