Parañaque offers real property tax amnesty
Paranaque City is offering delinquent real property owners until March 31 this year to avail of a one-time real property tax amnesty.
Mayor Edwin Olivarez signed Ordinance No. 19-32 granting a general amnesty to all delinquent property owners from paying surcharges and penalties for the past five years.
Olivarez said this would allow property owners “a chance to recover from penalties, surcharges, and interests.” The tax amnesty program started Jan. 1 and will end on March 31.
Under the ordinance, the amnesty covers all real properties and improvements that have not been declared for assessment purposes and are thus not included in the city’s assessment rolls, as well as real properties on which real property taxes have not been paid for the last five years.
However, the amnesty does not cover properties with pending or protested cases with the courts.
Olivarez said the rising number of taxpayers affected by economic misfortune over the past years have experienced hardships in paying their basic taxes, fees, and charges to the city government.
“As a consequence, these unpaid impositions have incurred surcharges and penalties making even more difficult for taxpayers to settle their obligations.”
In order to address these financial burdens, Olivarez said, the city government through the city council, “deemed it reasonable to grant a three- month tax holiday to real property owners.”
City Treasurer Dr. Anthony Pulmano said the good news about this year’s tax amnesty is that there won’t be any public auctions for tax delinquent properties in the city anytime soon.
However, the tax amnesty shall not apply to real properties that have already been auctioned or are currently being settled or paid under a compromise or similar arrangements, Pulmano said.
He added that the payments of owners availing of the tax amnesty should be in cash or manager’s check; personal or company checks will not be accepted by the treasurer’s office.