Republic Acts1 min read
Section 54September 7, 2007, Sec./Art. 54
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Suspension of Increase in Rates of Local Taxes. - No increase in the rates of local taxes shall be imposed by the province within the period of five years from its acquisition of corporate existence. Notwithstanding, any existing law or ordinance to the contrary, real property tax in the locality shall not be increased within five years upon its creation into a new province.
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