Commercial and Taxation Laws › Taxation Law › Local Taxation (RA 7160, as amended) › Real Property Taxation › Taxpayer Remedies in Real Property Taxation › Against Assessment

(b) Compromise of Assessment

Condonation or Reduction of RPT and Interest

  • By the President

The President may condone or reduce the real property tax and interest when public interest so requires. (LGC, Sec. 277)1

Whenever the local assessor sends a notice to the owner or lawful possessor of real property of its revised assessed value, the former shall thereafter no longer have any jurisdiction to entertain any request for a review or readjustment. The appropriate forum where the aggrieved party may bring his appeal is the LBAA, as provided by law. (Callanta v. Office of the Ombudsman, G.R. No. 115253-74)2

Authorities

  • Callanta v. Office of the Ombudsman, G.R. No. 115253-74
  • LGC, Sec. 277