Amending Municipal Ordinance No. 92-2 (II) dated January 1, 1993 Article B, Section 7 of the Revised Revenue Code of Cainta, Rizal by Re-imposing the tax Rate of P5.00 to P10.00 of Community Tax

June 3, 1996 Excerpt from the Minutes of the Regular Session of the Sangguniang Bayan Held at the Sangguniang Bayan Session Hall on June 03, 1996. PRESENT: Hon. Zoilo V. Tolentino Presiding Officer Hon. Jules C. Narag Member Hon. Rosauro V. Gongora Member Hon. Edgar L. Cruz Member Hon. Elias S. Cruz Member Hon. Justo S. Martinez, Jr. Member Hon. Telesforo Z. Francisco Member Hon. Octavio V. Gripal Member Hon. Reynaldo G. Matias Member Hon. Nestor F. Clemente Member (PLNB) Hon. Jeffrey L. Lopez Member (PPPSK) RESOLUTION NO. 034-96 WHEREAS, the Municipal Treasurer, Herminia M. Cruz is requesting the August Body to enact an ordinance fixing the maximum rate of Community Tax from Five Pesos (P5.00) to Ten Pesos (P10.00) since volume of taxpayers are not declaring their accurate annual income for the purpose; NOW THEREFORE, after careful review and deliberation on the matter, on motion of Hon. Rosauro V. Gongora, duly seconded by Hon. Elias S. Cruz; BE IT ENACTED BY THE SANGGUNIANG BAYAN IN SESSION ASSEMBLED: CAINTA MUNICIPAL ORDINANCE NO. 004-96 AMENDING MUNICIPAL ORDINANCE NO. 92-2 (II) DATED JANUARY 1, 1993 ARTICLE B, SECTION 7 OF THE REVISED REVENUE CODE OF CAINTA, RIZAL BY RE-IMPOSING THE TAX RATE OF FIVE PESOS (P5.00) TO TEN PESOS (P10.00) OF COMMUNITY TAX BE IT ENACTED BY THE SANGGUNIANG BAYAN OF CAINTA, RIZAL IN SESSION ASSEMBLED: CAIHTE SECTION 1. That Municipal Ordinance No. 2-92 (II) particularly Article B Section 7 is hereby amended by re-imposing the tax rate of P5.00 to P10.00 of Community Tax to read as follows: "Section 7. Individuals Liable to Community Tax . Every inhabitant of the Philippines eighteen (18) years of age or over who has been regularly employed on a wage or salary basis for at least thirty (30) consecutive working days during any calendar year, or who is engaged in business or occupation, or who owns real property with an aggregate assessed value of One Thousand Pesos (P1,000.00) or more, or who is required by law to file an income tax return shall pay an annual community tax of Ten Pesos (P10.00) and an annual additional tax of Two Pesos (P2.00) for every One Thousand (P1,000.00) of income regardless of whether from business, exercise of profession or from property which in no case shall exceed Five Thousand Pesos (P5,000.00). DETACa SECTION 2. This Ordinance shall take effect upon its approval. UNANIMOUSLY APPROVED Let copies of this resolution be furnished to all concerned for their information and guidance. I HEREBY CERTIFY to the correctness of the above-quoted resolution. (SGD.) CLARO C. UGAY Sangguniang Bayan Secretary ATTESTED BY: (SGD.) ZOILO V. TOLENTINO Vice Mayor/Presiding Officer APPROVED: (SGD.) BENJAMIN V. FELIX Municipal Mayor