More than 30 housing protests to mark this Saturday; property managers call for rehabilitation incentives

The National Association of Condominium Administration Professionals (ANPAC) is proposing that the government apply a reduced 6% VAT rate to all maintenance and repair works in common areas, including materials and elevators, and allow condo fees and repair costs to be deductible from IRS personal income tax. Currently, a reduced VAT rate for construction works is restricted if materials exceed 20% of the project's total value, and elevator repairs are specifically excluded.