Facebook Posts
Eid Mubarak from SHDA!![]()
![]()
To our Muslim brothers and sisters, we extend our warmest wishes on this blessed occasion. May it bring peace, joy, and prosperity to you and your loved ones.![]()
![]()
#SHDA #SHDACommunity #EidAlAdha
๐๐๐๐ ๐ฆ๐๐ซ๐ค๐ฌ ๐ข๐ญ๐ฌ ๐๐ ๐ฒ๐๐๐ซ๐ฌ ๐จ๐ ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ญ๐จ๐ ๐๐ญ๐ก๐๐ซ โจ![]()
![]()
As we celebrate โSynergy โ Onward Together!โ, we are filled with gratitude and move forward with purpose, driven by collaboration, innovation, and a shared vision for the future of housing and development.![]()
![]()
Watch as SHDA officers and advisers share their heartfelt greetings and messages to the community for SHDAโs 56th Anniversary!![]()
![]()
#SHDAat56 #SHDAnniversary #SHDA #SHDACommunity
๐๐๐๐ ๐๐ง ๐๐๐ญ๐ข๐จ๐ง![]()
![]()
SHDA Chairman Francis Richmond Villegas, 1st Vice President Atty. Marianne Reyna Lina-Cruz, Assistant Corporate Secretary Clarissa De Joya, Governor Joel Punzalan, and Officers from Property Company of Friends, Robinsons Land, SM Development Corporation, and Fino Property Ventures conducted a meeting with the team of BIR Deputy Commissioner-Legal Group Atty. Larry Barcelo to present a Consultative Discussion on the VAT Treatment of Donation of Subdivision Roads, Open Spaces, Parks, and Common Areas to local government units under PD957 and PD 1216 on May 21, 2026, at BIR Central Office, Diliman, Quezon City. ![]()
![]()
Led by the Managing Partner of Ramon F. Garcia & Company, CPAs, Mr. Ramon Garcia, the delegation presented some concerns and recommendations on the mandatory turnover of subdivision open spaces to LGUs being subject to VAT and interpreted as "transactions deemed sale". ![]()
![]()
SHDA shared with the BIR that the VAT imposition on the donation of open spaces could also impact housing delivery on top of the experiences in securing necessary housing permits and licenses. The association also suggested that there is a need for a uniform application of the law across the country, and the same be harmonized with existing statutes, specifically PD 1216 and other DHSUD administrative issuances.![]()
![]()
The BIR responded that they are currently drafting a BIR circular addressing clarification on pertinent tax issues, including the vatability of donated open spaces, and will remain in constant communication and dialogue with the private sector on other important tax matters related to housing developers.![]()
![]()
SHDA, led by Chairman Villegas, expressed its further support and cooperation to the BIR Legal Group in improving tax regulations towards a better real estate regulatory environment.![]()
![]()
#SHDA #SHDAInAction #SHDACommunity #BIR
๐๐๐ซ๐ฆ ๐๐ฉ๐ฉ๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง ๐ญ๐จ ๐๐ฎ๐ซ ๐๐ฉ๐จ๐ง๐ฌ๐จ๐ซ๐ฌ![]()
![]()
A heartfelt thank you to all our sponsors for your participation and support at SHDAโs 56th Anniversary Celebration last night ๐กโจ Your generosity and partnership reflected the strong synergy among member developers, partners, and industry stakeholders in a meaningful celebration of collaboration within the housing sector.![]()
![]()
We sincerely appreciate your continued trust and commitment. Hereโs to more shared successes ahead!![]()
![]()
#SHDAat56 #SHDAnniversary #SHDA #SHDACommunity
