REVENUE MEMORANDUM CIRCULAR NO. 114-2024 issued on October 18, 2024 circularizes Department Order (DO) No. 72-2024 revoking DO No. 62-2024 titled “Implementation of the Revised Schedules of Zonal Values of Real Properties in the Municipalities of Ipil, Roseller T. Lim. Titay, Tungawan, Alicia, Buug, Diplahan, Imelda, Kabasalan, Mabuhay, Malangas, Naga, Olutanga, Payao, Siay and Talusan within the jurisdiction of Revenue District Office No.93B-Ipil, Zamboanga Sibugay, Revenue Region No. 15-Zamboanga City”.

All affected taxpayers may file a claim for refund of taxes erroneously paid as a result of the increase in zonal values of real properties in areas covered by the said Department Order.