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Jan 05,  · Real Property Tax is the tax on real property imposed by the Local Government Unit (LGU). The legal basis is Title II of the Local Government Code (LGC), Republic Act (R.A.) no. The implementing rules and regulations of R. A. can be found here.. The RPT for any year shall accrue on the first day of January and from that date it shall constitute a lien on .

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The amount of any tax withheld/collected by the employer is a special fund in trust for the government of the Philippines. SECTION Withholding Tax on Compensation. respectively, to determine the average monthly compensation. Use the monthly withholding tax table to compute the tax, and the tax so computed shall be multiplied by three.