SC stops implementation of Paraaques newly approved ordinance on land, bldg. tax 11/28/2011

SC stops implementation of Paraaques newly approved ordinance on land, bldg. tax

11/28/2011
The Supreme Court (SC) has handed down a restraining order stopping the implementation of Paranaque Citys newly approved ordinance on the values of land and building in the city.

In a two-page notice, the Courts Third Division granted the plea of the citys homeowners association to stop the implementation of Paraaque City Ordinance No. 11-11.

The local legislation would result in an excessive increase in land tax.

Acting on the application for issuance of a temporary restraining order, the Court further resolves to issue a temporary restraining order enjoining the implementation of said Ordinance No. 11-11, Series of 2011, dated Oct. 13, 2011 of the Sangguniang Panlungsod, City of Paraaque, effective immediately and continuing until further orders from the Court, the SC said..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/metro/20111128met5.html