Baguio gov’t relaxes tax, rent payments on city properties
>> Thursday, June 4, 2020
BAGUIO CITY – The city government will be relaxing its policies on payment of taxes and rentals on city-owned properties once the prevailing Luzon-wide enhanced community quarantine (ECQ) is lifted, the City Budget Office said.
Residents who did not
settle their quarterly business and real property taxes for March and June will
be given until the end of the first semester to pay the same, while the
remaining quarterly payments should be settled up to the end of the year
without the prescribed penalties and surcharges, said City Budget Officer
Leticia Clemente.
Clemente said those who
settled their business and real properties for January and February will still
be imposed prescribed penalties and surcharges.
For those leasing market
stalls, spaces in government properties and buildings erected on government
lots, the city budget officer said they will be given three months to settle
their outstanding obligations for March and April where the same will be
equally divided and will be added to their payments for May, June and July once
the enhanced community quarantine will be lifted.
Clemente added that for
market stallholders, lessees of spaces in government buildings, among others,
that did not operate during the duration of the ECQ, the city government will
no longer collect from them their prescribed rentals during that period.
The city government also
suspended the collection of the daily taxes from market vendors in the city
public market and the monthly rentals paid by the operator of the public
comfort rooms as these facilities have not been operating.
Earlier, the City’s
Finance Office projected that for this year, the city government will be
collecting some P300 million in business taxes, P110 million in real property
taxes, P800,000 monthly from daily taxes in the city public market, P300,000
monthly rental for the operation of the public comfort rooms, P220 million
share from the operation of locators in the Philippine Economic Zone Authority
(PEZA) among other sources of income to sustain the implementation of the
programs, projects and activities that were approved under the city’s P2.255
billion annual budget.
Clemente told the city
government’s management committee that the figures she presented were initial
estimates of the losses the city will suffer as one of the serious negative
impacts of the ECQ to the income-generating efforts that have been computed
based on the city’s income last year.
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