Article 150p. 150

NATIONAL INTERNAL REVENUE CODE TAXATION, TARIFF and CUSTOMS LAWS

or

reversions

of

authorized

appropriations

in

their

respective budgets which are not otherwise urgently

needed, any provision of existing laws to the contrary

notwithstanding.

All expenses incident to a general revision of property

assessments

shall

be

divided

equally

between

the

province and the municipality.

CHAPTER X MISCELLANEOUS PROVISIONS

Section 96. Remission of tax by provincial or city board or

council. In case of a general failure of crops or great

decrease in the price of products, or similar widespread

disaster in any city or municipality or municipalities of a

province, the provincial of city board or council of the

same, by resolution passed prior to the first day of

January of any year may remit, wholly or partially, the real

property tax or the penalties thereon for the succeeding

year in the city or municipality or municipalities effected

by the disaster, but a resolution so disposing must clearly

state the reason or reasons for such remission and shall

not take effect until approved by the Secretary of Finance.

Section

97.

Remission

or

reduction

of

tax

by

the

President

of

the

Philippines.

The

President

of

the

Philippines, may, in his discretion, remit or reduce the real

property tax for any year in my city, municipality or

province if he deems that public interest so requires.

Section 97-A.

Grant of Special Authority to the Minister

of Finance. — Whenever public interest shall so require, or

in special cases of economic dislocation or imbalance

arising from natural calamities, the Minister of Finance

shall, upon direction or approval of the President of the

Philippines,

formulate

and

prescribe

a

scheme

of

graduated

realty

tax

payments

and/or

a

system

of

equalizing real property valuations for taxation purposes,

or such remedial measures that would ease the tax

burden, subject to such conditions and requirements as

may be deemed necessary. (Amendments to Certain

Sections of P.D. No. 464 As Amended (Real Property Tax

Code), Presidential Decree No. 1621, [April 19, 1979])

Section 98. Duty of offers to assist the provincial or city

assessor.

It

shall

be

the

duty

of

every

officer and

employee

of

the

provincial,

city

and

municipal

governments to render all necessary assistance to the

provincial or city assessor. It shall likewise be the duty of

registers of deeds and notaries public to furnish the

provincial or city assessors with copies of all contracts

conveying, leasing, or mortgaging real property received

by, or acknowledged before, them.

Section 99. Insurance companies to furnish information.

Insurance companies, whenever requested, shall furnish

in each particular case to the provincial or city assessor

copies of any contract or policy insurance on buildings,

structures and improvements insured by them which

may be necessary for the proper assessment thereof.

Section 100. Fees in court actions. All court actions,

criminal or civil, instituted at the instance of the provincial

or city treasurer or assessor under the provisions of this

Code, shall be exempt from the payment of court and

sheriff's fees.

Section 101. Fees in registration of papers or documents

on sale of delinquent real property to province or city. All

certificates, documents, or papers covering the sale of

delinquent property to the province or city, if registered in

the

Registry

of

Property,

shall

be

exempt

from

registration fees.

Section 102. Promulgation of rules by the Secretary of

Finance. The Secretary of Finance shall promulgate the

rules and regulations and prescribe the forms to be used

and

the

procedures

to be followed in carrying out

properly and effectively the provisions of this Code.

Section 103. Real property assessment notices or owner's

copies of the tax declarations to be exempt from postal

charges or fees. All real property assessment notices or

owner's copies of tax declarations sent thru the mails by

the assessor shall be exempt from the payment of postal

charges or fees.

CHAPTER XI PENAL PROVISIONS

Section

104.

Failure

to

file

Declaration

and

Other

Prohibited Acts. Any person required under the provisions

of this Code to declare real property whether taxable or

exempt, who fails to file such declaration under the terms

and conditions prescribed therefor, shall upon conviction

be punished by a fine of not more than one thousand

pesos or by imprisonment of not more than one year, or

both, at the discretion of the Court; Provided, However,

That if a violator shall voluntarily agree to pay a fine

without necessity of filing a case in court, the Provincial,

City

or

Municipal

Assessor

shall

recommend

the

collection of a fine by the Provincial, City, or Municipal

Treasurer in accordance with the rates to be fixed by the

Secretary of Finance on the basis of the assessed value of

subject property. The funds herein collected shall be

appropriated

for the operation of the Office of the

Provincial, City or Municipal Assessor, as the case may be.

(as amended by PD 1383)

Section 105. Acts committed in behalf of corporations. An

individual

who

shall

commit

any

of

the

violations

penalized in the preceding section acting under the

authority and in behalf of a corporation, partnership or

association

shall

be

punished

by

the

fine

and/or

imprisonment therein provided, and the other liabilities

and

shall

attach

to

the

corporation,

partnership or

association to whom the real property is required to be

listed

for

purposes

of

taxation

or

exemption.

The

corporation, partnership or association, shall in addition,

pay a fine of not less than two thousand pesos nor more

than five thousand pesos at the discretion of the court.

Section 106. Omission of property from assessment or

tax rolls by officers and other acts. Any officer charged

with the duty of assessing real property, who shall willfully

fail

to

assess,

or

shall

intentionally

omit

from

the

assessment or tax roll, any real property which he knows

to be lawfully taxable or shall wilfully or through gross

negligence

under

assess

any

real

property

or shall

intentionally violate or fail to perform any duty imposed

upon him by law relating to the assessment of taxable

and real property, shall upon conviction be punished by a

fine

or

not more than one thousand pesos or my

imprisonment of not more than one year, or both, at the

discretion of the court.

The same penalty shall be imposed upon any officer

charged with the duty of collecting the tax due on real

property who shall willfully fail to collect the tax and

institute the necessary proceedings for the collection of

the same.

Any other officer required by this code to perform acts

relating to the administration of the real property tax, or

to assist the assessor or treasurer in such administration,

who shall willfully fail to discharge such duties, shall upon

conviction, be punished by a fine or not exceeding five

hundred pesos or by imprisonment of not more than six

months, or both, at the discretion of the court.

Section 107. Government agents delaying assessment of

real property and assessment appeals. Any government

official who shall intentionally and deliberately delay the

assessment of real property, or the filing of any appeal

against its assessment, if such is patently indicated, shall,

upon conviction, be punished by a fine of not more than

five hundred pesos or by imprisonment of not more than

one year, or both, at the discretion of the court.

Section 108. Violation of other provisions of this Code or

of rules and regulations in general. Any person who shall

violate

any

provision

of

this

Code

or

any

rule

or

regulations

of

the Department of Finance made in

conformity thereto, for which violation no specific penalty

is provided by law, shall be punished by a fine of not more

than three hundred pesos, or by imprisonment of not

more than six months, or both, at the discretion of the

court.

In

the

case

of a corporation, partnership, or

© Compiled by RGL

150 of 201