Implementation of the Revised Schedules of Zonal Values of Real Properties in the Cities of Lucena (4th Revision), Tayabas and Municipalities of Burdeos, Candelaria, Dolores, Gen. Nakar, Infanta, Jomalig, Lucban, Mauban, Pagbilao, Panukulan, Patnanungan, Polillo, Real, Sampaloc, San Antonio, Sariaya and Tiaong (All in 3rd Revision) under the Jurisdiction of Revenue District Office No. 60-Lucena City, North Quezon, for Internal Revenue Tax Purposes

January 20, 2020DOF DEPARTMENT ORDER NO. 013-20SUBJECT : Implementation of the Revised Schedules of Zonal Values of Real Properties in the Cities of Lucena (4th Revision), Tayabas and Municipalities of Burdeos, Candelaria, Dolores, Gen. Nakar, Infanta, Jomalig, Lucban, Mauban, Pagbilao, Panukulan, Patnanungan, Polillo, Real, Sampaloc, San Antonio, Sariaya and Tiaong (All in 3rd Revision) under the Jurisdiction of Revenue District Office No. 60-Lucena City, North Quezon, for Internal Revenue Tax Purposes   TO : All Internal Revenue Officers and Others Concerned Section 4 of Republic Act No. 10963, otherwise known as the Tax Reform for Acceleration and Inclusion (TRAIN) Law, amending Section 6 (E) of National Internal Revenue Code (NIRC) of 1997 authorizes the Commissioner to divide the Philippines into different zones or areas and shall determine the fair market value of real properties located in each zone or areas, subject to automatic adjustment once every three (3) years. HTcADCBy virtue of said authority, the Commissioner of Internal Revenue has determined the zonal values of real properties in Cities of Lucena (4th revision), Tayabas and Municipalities...