A. COLLECTION OF REAL PROPERTY TAX

ABOUT THE SERVICE: Real properties such as land, buildings and machineries are assessed by the City Assessor’s Office and real property taxes are due every year based on the assessed value of the real property.  The Real Property Tax payments are made at the Land Tax Division of the City Treasurer’s Office.  Payments can be made in annual or quarterly basis to avail of the ten percent (10%) discount.  Advance payments can avail of twenty percent (20%) discounts.

 

CLIENT GROUPS:            Individuals and/or corporations who own real property in the City.

 

REQUIREMENTS:             Property Index Number (PIN)

 

SERVICE SCHEDULES: Monday to Friday, 8:00am to 12:00nn and 1:00pm to 5:00pm

 

TOTAL PROCESSING TIME: Cash and Manager’s Check Payments – 2 minutes

                                             Personal / Company Check Payments – 4 days

 

TOTAL FEES/CHARGES: Basic Real Property Tax – annual “ad valorem” tax of one percent (1%) on the assessed value of all real properties such as land, buildings, machineries and other improvements affixed or attached to real properties located in this city.

 

Special Education Fund (SEF) – additional levy of one percent (1%) on the assessed value of real property which shall be in addition to the basic real property tax.

PROCESS OF AVAILING THE SERVICE:

 

B. ISSUANCE OF REAL PROPERTY TAX CLEARANCE

ABOUT THE SERVICE:      Real Property Tax Clearance is issued by the Land Tax Division to certify that the real property is clear from any tax obligations to date.  It is one of the requirements in the Register of Deeds for transfer of real property ownership and in other bank loans.

 

CLIENT GROUPS:               Individuals and/or corporations who own real property in the city.

 

REQUIREMENTS:                Official Receipt in payment of tax clearance fee.

 

SERVICE SCHEDULES:     Monday to Friday, 8:00am to 12:00nn and 1:00pm to 5:00pm

 

TOTAL PROCESSING TIME: 4 minutes

 

TOTAL FEES/CHARGES:   P10.00

PROCESS OF AVAILING THE SERVICE:

 

C. ISSUANCE OF DIFFERENT CERTIFICATIONS RE: REAL PROPERTY

ABOUT THE SERVICE:      Certified Xerox or Certified Reprinted Copies of Official Tax Receipts are issued by the City Treasurer’s Office – Land Tax Section to real property taxpayer upon request and after payment certification fee at the City Treasurer’s Office – License Section.

 

CLIENT GROUPS:               Real property taxpayers

 

REQUIREMENTS:                Official Receipt of payment of certification fee

 

SERVICE SCHEDULES:       Monday to Friday, 8:00am to 12:00nn & 1:00pm to 5:00 pm

 

TOTAL PROCESSING TIME: 6 minutes

 

TOTAL FEES/CHARGES: Certification Fee – P20.00

 

PROCESS OF AVAILING THE SERVICE:

 D. ISSUANCE OF REAL PROPERTY TAX DOCUMENTS

(TRACE BACK / TRACE FORWARD / OLD TD)

 

ABOUT THE SERVICE :     Research fee is paid to the City Treasurer’s Office – License Section upon request of the taxpayer for trace back, trace forward or certified true copy of old tax declaration.

 

CLIENT GROUPS:               Real property taxpayers

 

REQUIREMENTS:                Official Receipt of payment of research fee.

 

SERVICE SCHEDULES:     Monday to Friday, 8:00am to 12:00nn and 1:00pm to 5:00pm

 

TOTAL PROCESSING TIME: 60 minutes

 

TOTAL FEES/CHARGES:   Research Fee – P 50.00

 

PROCESS OF AVAILING THE SERVICE:

E. COLLECTION OF TRANSFER TAX

ABOUT THE SERVICE:      Transfer taxes are paid when transfer of ownership is made due to the execution of deeds such as sale, or donation, transfer by succession or by any other means of transfer.  Copies of Real Property tax declaration, Deed of Absolute Sale and/or other applicable documents confirming transfer are required by the Revenue Collector for the assessment of the transfer tax due for payment.

 

CLIENT GROUPS:               Individuals or Corporations

 

REQUIREMENTS              : Original and photocopy of Deed of Sale, Donation, Extra Judicial or other applicable transfer documents providing evidence of transfer of ownership

: Original and photocopy of Real Property Tax Declaration

SERVICE SCHEDULES:     Monday to Friday, 8:00am to 12:00nn and 1:00pm to 5:00pm

 

TOTAL PROCESSING TIME: 3 minutes 

 

TOTAL FEES/CHARGES:  Transfer Tax – 75% of 1% of the market value or selling price whichever is higher.         

                                     
                                                For Late Payments:

Surcharge – 25% in excess of 60 days from the date of notary services, basis 75% of 1% (RA 7160 sec. 135)
Penalty – 2% per month but not to exceed 72% exceeding 60 days from notary services, basis 75% of 1% (RA 7160 sec.135).

 

PROCESS OF AVAILING THE SERVICE: