An Act Fixing the Deadline for Payment of Transfer of Tax of Real Property, Amending Section 135 of Republic Act No. 7160 or 'the Local Government Code of 1991'
The proposal changes the deadline for paying the local transfer tax on inherited real property from 60 days to one year after the owner’s death, matching the estate‑tax deadline and aiming to reduce penalties for heirs.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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SBN-1711 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.