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A Statement of Assets, Liabilities, and Net Worth (SALN) [1] [2] is an annual document that all de jure government workers in the Philippines, whether regular or temporary, must complete and submit attesting under oath to their total assets and liabilities, including businesses and financial interests, that make up their net worth. [3]
Personal property can be understood in comparison to real estate, immovable property or real property (such as land and buildings). Movable property on land (larger livestock , for example) was not automatically sold with the land, it was "personal" to the owner and moved with the owner.
In August 2009, Vera Files, a group of veteran Filipino journalists, reported that Arroyo "has failed to declare in his Statement of Assets, Liabilities and Networth (SALN) for the last two years a $1.32 million or P63.7 million beachfront property in the San Francisco Bay Area in California, which he bought and then transferred to his wife ...
Personal property tax is calculated based on what you owned on Jan. 1 of a given year. That means that if you bought a car or moved to Missouri with your car on Jan. 2 or later, you won’t have ...
In October 2018, an administrative complaint was filed by the Presidential Anti-Corruption Commission at the Office of the Ombudsman against Andaya and his wife for his alleged misdeclaration of properties in his 2016 and 2017 Statements of Assets, Liabilities and Net Worth (SALN). [30]
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