Local Government Code

Collection of Taxes
Tax Period
Period and Manner of Payment
the tax period of all local taxes,
fees and charges shall
shall be
be the
the
calendar year
may be paid in quarterly
installments
Copyright2010 Companyname | Free template by Investintech PDF Solutions

Collection of Taxes

Accrual
Accrual of
of Tax
Tax
first
first day
day of
of January
January of
of each
each year
year
new
new taxes,
taxes, fees
fees or
or charges,
charges, shall
shall
accrue
accrue on
on the
the first
first day
day of
of the
the
quarter
quarter following
following the
the effectivity
effectivity
og
og the
the ordinance
ordinance imposing
imposing such
such
change
change

Collection of Taxes
Time of Payment
within the first twenty days of
January or of each subsequent
quarter

Collection of Taxes

Surcharges
Surcharges and
and Penalties
Penalties on
on unpaid
unpaid
Taxes
Taxes
twenty-five
twenty-five percent
percent (25%)
(25%) of
of the
the
amount
amount of
of taxes,
taxes, fees
fees or
or charges
charges
not
not paid
paid on
on time
time and
and an
an interest
interest at
at
the
the rate
rate not
not exceeding
exceeding two
two percent
percent
(2%)
(2%) per
per month
month

Collection of Taxes

Collection
Collection of
of Local
Local Revenues
Revenues by
by
Treasurer
Treasurer
all
all local
local taxes,
taxes, fees
fees and
and charges
charges
shall
shall be
be collected
collected by
by the
the provincial,
provincial,
city,
city, municipal
municipal or
or Barangay
Barangay
treasurer
treasurer or
or their
their duly
duly authorized
authorized
deputies
deputies

Taxpayer's Remedies
Periods of Assessment and
Collection
Local taxes, fees or charges
shall be assessed within five
years from the date they
became due
Copyright2010 Companyname | Free template by Investintech PDF Solutions

Taxpayer's Remedies
In case of fraud or intent
intent to
evade the payment of taxes,
fees, or charges, the same may
be assessed
assessed within ten (10)
years from discovery of the
fraud or intent to evade payment

Taxpayer's Remedies
Periods of Assessment and
Collection
Local taxes, fees, or charges
may be collected within five (5)
years from the date of by or
judicial action

Taxpayer's Remedies
The
The running
running of
of the
the periods
periods of
of
prescription
prescription provided
provided in
in the
the
preceding
preceding paragraphs
paragraphs shall
shall be
be for
for
the
the time
time during
during which:
which:

The
The treasurer
treasurer is
is legally
legally prevented
prevented from
from making
making
the
the assessment
assessment of
of collection;
collection;

The
The taxpayer
taxpayer requests
requests for
for a
a reinvestigation
reinvestigation and
and
executes
executes a
a waiver
waiver in
in writing
writing before
before expiration
expiration of
of
the
the period
period within
within which
which to
to assess
assess or
or collect;
collect;
Copyright2010 Companyname | Free template by Investintech PDF Solutions

10

Taxpayer's Remedies
Protest of Assessment
Within
Within sixty
sixty (60)
(60) days
days from
from the
the
receipt
receipt of
of the
the notice
notice of
of assessment,
assessment,
the
the taxpayer
taxpayer may
may file
file a
a written
written
protest
protest with
with the
the local
local treasurer
treasurer
contesting
contesting the
the assessment;
assessment;
otherwise,
otherwise, the
the assessment
assessment shall
shall
become
become final
final and
and executory
executory

Taxpayer's Remedies

Claim
Claim for
for Refund
Refund of
of Tax
Tax Credit
Credit
No
No case
case or
or proceeding
proceeding shall
shall be
be
maintained
maintained in
in any
any court
court for
for the
the
recovery
recovery of
of any
any tax,
tax, fee,
fee, or
or
charge
charge erroneously
erroneously or
or illegally
illegally
collected
collected until
until a
a written
written claim
claim for
for
refund
refund or credit has been filed
with
with the
the local
local treasurer
treasurer

Taxpayer's Remedies
No
No case
case or
or proceeding
proceeding shall
shall be
be
entertained
entertained in
in any
any court
court after
after the
the
expiration
expiration of
of two
two (2)
(2) years
years from
from
the
the date
date of
of the
the payment
payment of
of such
such
tax,
tax, fee,
fee, or
or charge,
charge, or
or from
from the
the
date
date the
the taxpayer
taxpayer is
is entitled
entitled to
to a
a
refund
refund or
or credit
credit