SEC. 3. If the basic real property tax herein referred to is paid in full within the quarterly periods of payments prescribed under Section 60 of Presidential decree No. 464, the taxpayer shall be granted a tax discount of 20% on the tax due and payable during the year 1977; and, thereafter, the provisions of Presidential Decree No. 464, as amended, shall apply.
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026
CitationPD 976 Section 3 (LawPlayer, data as of July 4, 2026)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).