Quake victims get tax relief

Under the governor's EO, both the Provincial and Municipal Assessor's Offices are mandated to conduct ocular inspections, reappraisals, and reassessments of all properties damaged by the earthquake.

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Provincial Assessor Michelle Languido confirmed that her office will spearhead a massive reassessment drive starting next week, in coordination with all municipal assessors.

Languido stated that the purpose of the reassessment is to ensure that the adjusted assessed and taxable values will be implemented in the last quarter of the year.

She also mentioned that the depreciated value of each property will be based on the extent of the damage, which will be verified through a physical inspection.

"The depreciated value of each property will be determined based on the extent of the damage," her statement reads.