Rama: No need to rush RPT revision

Pia Piquero 03/23/2024

CEBU CITY, Philippines – Cebu City Mayor Michael Rama said revising the Real Property Tax (RPT) wasn’t yet necessary, showing a sudden change in his position. At first, Rama said the RPT revision had to be done…

Cebu City gov’t says RPT revision in compliance with law

Rashe Zoe Sophia Piquero 11/23/2023

CEBU CITY, Philippines – The revision of the real property tax (RPT) rates is mandated by law, which orders a revision after a definite period of time. So said Cebu City Councilor Noel Wenceslao, the chairman of…

Cebu City’s CTO failed to collect over P4B in real property taxes, says COA

Wenilyn Sabalo 07/21/2023

CEBU CITY, Philippines — As of December 31, 2022, the Cebu City Treasurer’s Office (CTO) logged over P4 billion in real property taxes (RPTs) that have remained uncollected from delinquent property owners. Government auditors said that the…

Deadline for real property taxes payment in Cebu City on June 30

Wenilyn Sabalo 06/27/2023

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) has set the deadline for payment of real property taxes (RPT) for the second quarter of this year to June 30, 2023. In its notice to the…

Cebu Chamber on revising real property tax rates

Morexette Marie B. Erram 02/15/2023

CEBU CITY, Philippines – As the Cebu City Government tries to come up with a new model in revising its real property tax rates, the business community here has a few requests. The Cebu Chamber of Commerce…

Deadline extended to September 30 for RPTs, business taxes in Cebu City

Delta Dyrecka C. Letigio 08/28/2020

CEBU CITY, Philippines — The Cebu City government has extended the payment for real property taxes (RPT) and business taxes for the current year on September 30, 2020. This is part of the implementation of the new…

CTO sets P9B collection target for 2020

Delta Dyrecka Letigio 02/11/2020

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is targeting a P9 billion tax collection this year, which is a billion more than its 2019 revenue. Lawyer Jerone Castillo, who is also the acting city…

Labella orders inventory of all real properties in Cebu City

Delta Dyrecka Letigio 08/10/2019

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella has ordered the City Assessor’s Office and City Treasurer’s Office to create an “efficient” profiling of all taxable real properties located within the city’s jurisdiction. He said that…

Veco working on settling P200M in real property taxes owed to Cebu City gov’t

Delta Dyrecka Letigio 06/25/2019

CEBU CITY, Philippines — The Visayan Electric Company (Veco) owes the Cebu City government over P200 million in real property taxes which covers unpaid and previously unassessed electrical posts, transformers and other machineries. That is according to…

Equitable share

Editorial 11/30/2016

It is a legal opinion, but would Cebu City Mayor Tomas Osmeña heed the Department of Interior and Local Government (DILG) and order the issuance of certifications to barangays to facilitate the release of their share of…

NO STRINGS ATTACHED

Jose Santino S. Bunachita 11/27/2016

There should be no conditions attached to the release of the shares of the barangays in the real property taxes (RPT) of the Cebu City government, the Department of Interior and Local Government Central Visayas (DILG 7)…

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