PRA properties exempted from tax

Date Posted: 2012-08-03 07:10:49
Site Posted: Myproperty.ph

In a decision dated July 18, the high court’s Third Division granted the PRA’s petition to overturn the January 2010 ruling of the Parañaque City Regional Trial Court (RTC) Branch 195, which favored the city government’s claim for real property taxes on the agency’s reclaimed properties in Parañaque City.

The case stemmed from the city treasurer’s issuance in 2003 of warrants of levy on the PRA’s properties in Central Business Park and Barangay San Dionisio for years 2001-2002.

Read the full article at Business World Online. 

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