Bureau of Local Government Finance Opinion

December 22, 1994 BUREAU OF LOCAL GOVERNMENT FINANCE OPINION Ms. Angelique Santos-Mangaser Sycip, Salazar, Hernandez and Gatmaitan Attorneys-at-Law 105 Paseo de Roxas 12200 Makati, Metro Manila M a d a m : This refers to your letter dated May 23, 1994 requesting for a ruling on whether or not the municipality of Pasig has the authority to collect business taxes from your client, Oranbo Realty Corporation (ORC). In this connection, enclosed is a copy of our 3rd indorsement of even date addressed to the Acting Municipal Treasurer of Pasig, Metro Manila wherein this Bureau expresses the view that for the year 1992 and thereafter, 70% of all transactions recorded in the principal office shall be taxable by the municipality of Pasig where the project is located and the remaining 30% shall be taxable by the municipality of Makati where the principal office is located. It is emphasized that the views were expressed in pursuance of the provisions of Section 150 of the Local Government Code (LGC) of 1991 as implemented by Article 243 (b) of the Implementing Rules and Regulations (IRR). Both municipalities may collect Mayors permit and other regulatory fees imposable under a duly enacted ordinance. We trust that this will clarify matters. Very truly yours, LORINDA M. CARLOS Executive Director