Ordinance No. SP-2095, S-2011
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18th City Council
Abstract
An ordinance further amending the Quezon City Revenue Code, as amended, to impose an additional one-half percent (0.5%) tax on assessed value of all lands in Quezon City exceeding one hundred thousand pesos (P100,000.00) which shall accrue to the Socialized Housing Program of the City Government as provided for under Section 43 of Republic Act No. 7279, otherwise known as the Urban Development and Housing Act (UDHA) of 1992 and Local Finance Circular No. 1-97 of the Department of Finance.
Description
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Ordinance 2011, An ordinance further amending the Quezon City Revenue Code, as amended, to impose an additional one-half percent (0.5%) tax on assessed value of all lands in Quezon City exceeding one hundred thousand pesos (P100,000.00) which shall accrue to the Socialized Housing Program of the City Government as provided for under Section 43 of Republic Act No. 7279, otherwise known as the Urban Development and Housing Act (UDHA) of 1992 and Local Finance Circular No. 1-97 of the Department of Finance.