Prof. Agosto delivered a talk at PIEP National Convention

Agosto in his talk titled “ The Role of Property Taxation in Urban Planning” emphasizes the role that property taxes might play in urban development. He stated during his presentation at the first-ever face-to-face national conference of PIEP following the pandemic that “planners should employ diverse techniques in fulfilling its duty in the society.” The 2022 National Convention and General Assembly of PIEP were held in Legazpi, Albay on November 8-10,2022.

According to Agosto, “Tax measures influence the land use process in reclassification, exemption provision, subsidies, and economic development.” For instance, the provision of higher property taxes would either promote or discourage stakeholders in a specific place and will ultimately influence the use of the land.

Additionally, he discussed the necessity of cross-departmental cooperation within local government organizations in order to guarantee the achievement of the municipality’s or city’s main objective. Everyone has a responsibility to do their part to provide social services to the populace through property taxation and to guarantee that it plays a part in attaining a land use plan that is advantageous to everybody.

The Philippine Institute of Environmental Planners (PIEP) is the accredited professional organization for Environmental Planners in the Philippines. Currently, it has 18 Chapters and 4,324 members nationwide.

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Author: AB Agosto

A Juris Doctor and a Professor of Business & Economics at the University of San Carlos. Teaching finance, real estate management, and economics. He conducted lectures on valuation, environmetal planning and real estate in various places and occasions.

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