Appraisal and Assessment (See also RA 12001)

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1. How many different adjustment options must the Section 17 revenue and tax impact report propose for Sanggunian consider… Multiple Choice Easy
2. An assessor publishes a proposed SMV on the LGU website but posts it in no conspicuous locations. Is website publicatio… Multiple Choice Medium
3. A property transaction has P5 million actual stated consideration and P6 million value under the approved SMV. Assume t… Multiple Choice Medium
4. Unchanged property had P100,000 basic real property tax assessed before RA 12001’s effectivity. In the first year of th… Multiple Choice Hard
5. An approved SMV is transmitted locally. Officials treat its market values as automatically dictating a single new tax r… Multiple Choice Hard
6. Outline the Section 15 consultation and public-notice requirements for a proposed SMV. Explain why website publication … Essay Hard
7. Explain the revenue and tax impact report after approval of an SMV, including the responsible officials, options and ti… Essay Hard
8. State Section 29’s first-year tax-increase cap and distinguish it from a permanent freeze of market values or tax rates. Essay Hard