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 62A013 12 09 Application for Assessment Moratorium Certificate  Downtownhenderson 2009-2025

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so this new law is born out of the necessity and the realization that there is a need to enhance the country's tax collection system so we can generate revenues generate jobs Investments all over the country no longer will we rely on the outdated valuation system we now have instead the new and improved RPV a a I'm sure we will find a shorter way to pronounce that uh a law that streamlines and enhances the real property valuation and assessment system through a uniform real property appraisal that is compliant with International standards it also adopts the prevailing market value as the single real property valuation base for the assessment of real property tax furthermore the law compliments our efforts to modernize the services of our lgus through the creation of a real prop property information system a comprehensive digitalized Real Property Tax Administration with these systems in place another crucial pillar of efficient tax collection is responsible taxpayers

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