Business World

Parañaque extends amnesty on property tax penalties to Dec. 31

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PROPERTY OWNERS in Parañaque City with unpaid real estate taxes in the last five years have until Dec. 31 to settle their dues without the correspond­ing surcharges and penalties. The city council passed Ordinance 2020-21, published on Sunday, extending the amnesty period that was originally set January- March 2020 under Ordinance 19-32. The condonatio­n program does not cover properties sold at public auction, subject to expropriat­ion, or under a compromise agreement relating to other ordinances.

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