PUBLIC HEARING ON INCREASE OF REAL ESTATE TAXES IN QC

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The City Government of Quezon City introduced at a hearing just some four days earlier a bill for an Ordinance increasing real estate tax on certain areas in the city of up to 500%!  Of course, attendees to this hearing were alarmed and decided to organize a Consultative Hearing with a wider audience for businesses which will be affected by this “preposterous” bill.  Held on the evening of 11/16/16 at the newly-opened Panay Kain, Tulog, ATBP.’s Mandarin Wok Restaurant and hosted by the Q.C. Association of Fil-Chinese Businessmen, Inc. (supported heavily by the Phil. Chamber of Commerce & Industry-QC Chapter), PAGASA was represented by William Villanueva, Fred Gravador, STC and Desmond Chua (who is also a VP for QCAFCBI).  Other Business Organizations were also represented that evening. Vice Mayor Joy Belmonte got hold of this meeting and sent her City Assessor and relevant Councilors/Sponsors of said Bill to the Meeting to defend their proposal for increase in Real Estate Taxes in QC.  Meeting ended with the different Organizations asked to submit Position Papers within 10 days regarding said issue.

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