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RA 4586 Section 43

RA 4586 Section 43

When assessment may be increased or decreased.

Section 43

SEC. 43. When assessment may be increased or decreased.—The city assessor shall, during the first fifteen days of December of each year, add to his list of taxable real estate in the city the value of the improvements placed upon such property during the preceding year, and any property which is taxable and which has theretofore escaped taxation. He may, during the same period, revise and correct the assessed value of any or all parcels of real estate in the city which are not assessed their true money value, by reducing or increasing the existing assessment as the case may be: Provided, that no increase in the assessment of a particular real estate shall be made oftener that once every ten years.

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Other provisions in RA 4586

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

CitationRA 4586 Section 43 (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).

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