MANILA City Mayor Isko Moreno, now presidential aspirant, has declared a general tax amnesty program in the nation’s capital until the end of 2021.
Moreno signed Ordinance No. 8773 granting amnesty on all delinquent business taxes, real property taxes, regulatory fees and other service charges.
The general tax amnesty program shall take effect October 1, 2021 until December 29, 2021 only.
Moreno said the ordinance was signed as “the current pandemic has brought about unexpected socio-economic challenges to the country.”
“As a result, many businesses have remained closed, further causing the loss of jobs and opportunities. Amidst the health and safety challenges is the struggle to keep one’s livelihood afloat,” he said.
“This situation makes it difficult for taxpayers to settle their obligations with the city. As a consequence, these unpaid impositions have incurred surcharge and penalty interests,” the mayor added.
Under the ordinance, Moreno said tax amnesty shall be granted to the following:
“All corresponding accrued surcharge and interest penalties which any delinquent tax, regulatory fee or service charge may have incurred shall be deemed waived upon full payment of the principal amount of the basic tax, fee or charge within the period of effectivity of this Code,” the ordinance read. ANDI GARCIA
Photo: Philippine Star