The Muntinlupa City government has extended the deadline for the payment of business tax to ease the burden of establishments that have been affected by the coronavirus disease (COVID-19) pandemic and community quarantine.
Mayor Jaime Fresnedi signed City Ordinance No. 2020-115 that extends the payment deadline of business taxes, fees, and charges for the third quarter of the year from Aug. 19 to Sept. 18 without penalties, surcharges, and interests.
“All business taxes due for the said period shall, however, be subject to the penalties and interest prescribed by Muntinlupa Revenue Code if not paid on or before September 18, 2020,” stated the ordinance passed by the Muntinlupa City Council as an economic relief to businesses in the city.
President Duterte placed Mega Manila under modified enhanced community quarantine (MECQ) from Aug. 4 to 18.
“The aforementioned circumstance will increase the economic difficulties currently being experienced by the business sector and it is paramount that the City Government of Muntinlupa will extend assistance to the private sector,” according to the ordinance.
Fresnedi assured the local business sector that the city government will continue to support them during this crisis.
Last month, the Philippine Chamber of Commerce and Industry (PCCI)-Muntinlupa conferred the Sterling Growth Catalyst Award on Fresnedi in recognition of his leadership in addressing the health crisis while still boosting the sustainability of the local economy.