DA, DILG spells out framework for tax break

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MANILA, Philippines – The Department of Agriculture (DA) and the Department of the Interior and Local Government (DILG) are pushing for tax relief for eligible farm facilities pursuant to the Sagip Saka Act.

For this purpose, the two agencies signed a joint memorandum circular that establishes a clear and uniform framework for granting property tax exemptions to qualified structures, buildings and warehouses used for storing farm inputs and outputs under the law.

READ: Marcos orders full implementation of Sagip Saka Act

The law applies this to facilities with an assessed value of up to P3 million. The DA said these establishments should be registered in the Registry System for Agri Storage.