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Manila Bulletin devider Philippines devider Paranaque City gov't offers business tax amnesty

Paranaque City gov't offers business tax amnesty

Published Dec 17, 2021 09:03 am

Paranaque City Mayor Edwin Olivarez said the city government is offering the first ever business tax amnesty to local businesses operating in the city.

Olivarez said the City Council passed and approved an ordinance granting amnesty on penalties, surcharges, and interest incurred on unpaid local business taxes and certain fees due within the period of March 2020 until December 31, 2021.

He said that in view of the adverse financial impact of the COVID-19 pandemic to businesses, communities, residents and workers, the city government deems it necessary to ease the burden of business taxpayers by extending a tax relief on the payment of local business taxes and fees.

Lawyer Melanie Soriano-Malaya, chief of the Business Permit and Licensing Office (BPLO), said the amnesty may be availed only upon payment of the principal amount not later than the deadline for the renewal of business permits for 2022.

Malaya said that for businesses with Business Identification Number (BIN) ending in 1 and 2, the deadline will be on January 30 2022; for BINs ending in 3 and 4, the deadline is on Feb. 6; for BINs ending in 5 and 6, the deadline is on Feb. 13; for BINs ending in 7 and 8 -- Feb. 28; and for BINs ending in 9 and 0 -- Feb.28.

She said the tax relief covers local business taxes and regulatory fees such as mayor’s permit, waste generation, sanitary permit; zoning fee; individual permit, plate and sticker, filing fee, barangay clearance, and land use fee.

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bplo-aTTY mELANIE sORIANO-mALAYA MAYOR EDWIN OLIVAREZ Tax amnesty
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