Unifed Voices Strong Opposition to Proposed Real Property Tax Increase in Negros Occidental
The United Sugar Producers Federation (Unifed) has formally approved a resolution expressing strong opposition to a proposed increase in real property tax (RPT) in Negros Occidental. This move comes in response to an advisory from the Provincial Government regarding the Proposed Schedule of Market Values (SMV) for all real properties, which is set for implementation in 2026 under Republic Act 12001, also known as the Real Property Valuation and Assessment Reform Act.
Unifed's Resolution and Leadership
Unifed Chairman Manuel Lamata, along with the Board of Directors, signed the resolution. The board members include prominent figures such as Exequiel Maranon, Adnan Buenafe, Claude Schulze, Zosimo Dianongco Jr., Ricardo Yulo, Joseph Edgar Sarrosa, Bonifacio Pena, Jose Nadie Arceo, Miguel Yusay, Edgardo Acuna, and Anthony Ramos. In their resolution, Unifed urged authorities to reconsider and defer the tax increase until economic conditions stabilize and the financial capacity of constituents improves.
Economic Concerns and Public Welfare
Unifed officials argued that increasing the RPT under current conditions is untimely and could adversely affect economic recovery and public welfare. They acknowledged the role of taxation in supporting government programs, infrastructure, and public services but emphasized that any increase now would impose an additional financial burden on property owners, including homeowners, farmers, and business operators.
Many constituents are still recovering from economic challenges and struggling to meet daily needs, according to Unifed. They highlighted that global tensions and conflicts in the Middle East contribute to economic uncertainties impacting both local and national economies.
Impact of Rising Fuel Prices
The rising fuel prices have led to increased transportation and production costs, significantly affecting prices of goods and services. This has resulted in a noticeable increase in the cost of basic commodities, putting a strain on households, particularly those in vulnerable and low-income sectors. Unifed officials stated that any tax increase at this moment is counterproductive and could harm the nation.
The SMV determines not only the RPT but also capital gains tax and other documentary stamp taxes used by the Bureau of Internal Revenue (BIR). Unifed's opposition underscores the broader economic pressures facing the region, as they call for a pause in tax hikes to allow for recovery and stability.
