Real Estate Laws

Idle Land Taxation – What you Need to Know

Here's vital information on Idle Land Taxation as promised taken from jmc.blgv.gov.ph for your reference, as mentioned this is one issue that was recently encountered on a commercial property in Metro Manila wherein they had already paid their taxes and got their tax clearance then suddenly was charged by the Local Government of that municipality, Idle Land Tax.  as per some friends and clients affected by this issue, the solution was to put a structure or plant something on the land, point is not to leave the the "idle".  hope this article will shed light on this matter most aren't aware of.  as mentioned, it's always the burden of the property owner to know the law !

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