Written
by Gloria Villas
Instead of
focusing on the public hearing for the Revised Schedule of Base Market in the
province of Aklan, stakeholders from Malay and Boracay have raised the issue on
land titles.
The SP
Aklan in return has acknowledged the issue but has explained that the said
matter can be tackled in another conference.
According
to SP Member Rodson Mayor, stakeholders and tax payers must first understand
why there is a General Revision on paying taxes and where it will go before
going to the issues on land titles and rivalries.
Meanwhile,
Boracay is considered distinct because of its huge establishments and
buildings, thus there is a so called Special Base Valuation.
Based on
the statement of the Provincial Assessor during the hearing, there will be a 90
to 400 percent tax increase in the island of Boracay depending on the types of
properties.
The said
General Revision of the Base Market Values was based on the law that states
that every 8 to 10 years there should be a revision on the Base Market Values
of lands – commercial, industrial, agricultural and residential.
Translated
by Shelah Casiano
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