WHAT’S A USUFRUCT? How is it treated by the IRS? - HTJ Tax
WHAT’S A USUFRUCT? How is it treated by the IRS? - HTJ Tax
Aug 23, 2022
htj.tax
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Through the Usufruct Agreement signed with the Metropolitan Waterworks and Sewerage System (MWSS), the City Government of San Juan is authorized to utilize MWSS properties for free for 50 years. The LeyVic basketball court will be upgraded into a wooden covered basketball court, providing residents with an improved venue for sports and community activities. #MakabagongSanJuan #MakabagongSanJuanLegacy | Mayor Francis Zamora
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Through the Usufruct Agreement signed with the Metropolitan Wate…
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FacebookMayor Francis Zamora
Following the signing of the Usufruct Agreement between the City Government of San Juan and the MWSS, the City will construct a wooden covered basketball court and possibly a park in Barangay Corazon de Jesus. This project was previously not possible since the existing cement court was built above active MWSS pipes. With the agreement now in place, the area can finally be redeveloped to provide better sports facilities for the community. #MakabagongSanJuan #MakabagongSanJuanLegacy | Mayor Franci
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