The Palawan Provincial Assessor’s Office (PAO) has started its validation of real properties in island towns as part of the implementation of the new market valuation.
Provincial assessor Euvica Colbe said Tuesday they will start their validation in Linapacan, Coron, Agutaya, Cuyo, Magsaysay, and El Nido.
“Nagsimula kami sa mga island municipalities to take advantage of the pleasant weather ngayong tag-init. Sinusuyod namin bawat barangay sa bawat munisipyo hanggang sa pinakamaliit na isla,” Colbe said.
She said they will focus on Coron because of the new structures in the island town
“Magtatagal kami sa Coron dahil marami kaming nakitang mga bagong structures na itinayo at mga pagbabago sa mga ari-arian,” she said.
Colbe said the general revision of real property valuation is done every three years to update all changes.
Owners are required to pay real property taxes annually which is classified into residential, agricultural, industrial, commercial, and mineral lots.
Improvements, pavements, machines, appliances and apparatus within the properties are also included in the tax.
Colbe also announced that they will implement new market values for real properties in 2019 though a provincial resolution and ordinance are needed.
Palawan’s old market values have been implemented from 2013 to 2018.
The new market value for every land classification has been passed through Resolution No. 13508 and Ordinance No. 1914-2018.
Colbe explained the two percent tax collected from the owners will be divided into two – one percent for special education fund and one percent for municipality and province.
She also appealed for cooperation from the public during their inspection.
Meanwhile, Colbe clarified that the validation being conducted by their office is free of charge.
“Kami ay tagatasa lamang at ang taga-kolekta ng buwis ay ang Tanggapan ng Ingat Yaman ng lokal na pamahalaan at lalawigan. Tanggapin at papasukin nila [ang amimg validation team] para makapag-inspeksyon, masuri at makapagsagawa ng tamang pagsukat upang mapadali at makagawa ng tamang pagtatasa,” she said.