An Ordinance Extending the Deadline for Assessment and Payment of Business and Realty Taxes, Licenses, Fees and Charges Up to January 31, 2016, Without Penalties or Surcharges, Subject to Applicable Laws, Rules and Regulations

January 19, 2016 MAKATI CITY ORDINANCE NO. 001-16 PRESENT: Acting Vice Mayor Leonardo M. Magpantay Presiding Officer Councilor Marie Alethea S.J. Casal-Uy Councilor Maria Theresa N. De Lara Councilor Manuel Monsour T. Del Rosario, III Councilor Ferdinand T. Eusebio Councilor Henry A. Jacome Councilor Arnold C. Magpantay Councilor Romeo C. Medina Councilor Nelson S. Pasia Councilor Tosca Camille T. Puno-Ramos Councilor Vincent T. Sese Councilor Mary Ruth C. Tolentino Councilor Ma. Concepcion M. Yabut Lnb President Ma. Arlene M. Ortega ABSENT: Councilor Israel S. Cruzado Official Business Councilor Virgilio V. Hilario Councilor Nemesio S. Yabut, Jr. By unanimous vote of the Sangguniang Panlungsod members who are present, the following City Ordinance was enacted on third and final reading: Authors: Councilors A.C. Magpantay, N.S. Yabut, Jr., N.S. Pasia, V.T. Sese, F.T. Eusebio, M.A. S.J. Casal-Uy, V.V. Hilario, M.T.N. de Lara, H.A. Jacome and M.M.T. del Rosario III AN ORDINANCE EXTENDING THE DEADLINE FOR ASSESSMENT AND PAYMENT OF BUSINESS AND REALTY TAXES, LICENSES, FEES AND CHARGES UP TO JANUARY 31, 2016, WITHOUT PENALTIES OR SURCHARGES, SUBJECT TO APPLICABLE LAWS, RULES AND REGULATIONS WHEREAS, Section 7A.03 of the Revised Makati Revenue Code (City Ordinance No. 2004-A-025) provides that, unless provided in the Code, all city taxes, fees and charges shall be paid within the first twenty (20) days of January or of each subsequent quarter as the case may be; WHEREAS, the aforementioned section further provides that, for justifiable reason or cause, the Sangguniang Panlungsod may extend the time of payment of such taxes, fees and charges without surcharges or penalties; WHEREAS, upon advice of the City Finance Department and on the ground of lack of material time to process all permit applications before the deadline for payment due to holidays and volume of transactions, the Sangguniang Panlungsod deems it proper to extend the period for payment of local business and real estate taxes, licenses, fees and charges to the following schedules: ScaCEH 1. For assessment of business permits, instead of January 20, 2016 deadline, it will be extended up to January 25, 2016 without penalty; 2. For payment of business permits, instead of January 20, 2016 deadline, it will be extended up to January 31, 2016 without penalty from 8:00 a.m. to 5:00 p.m. only; and 3. For real property tax, taxpayers may avail of 10% discount up to January 31, 2016 from 8:00 a.m. up to 5:00 p.m. only. NOW, THEREFORE, BE IT ENACTED, AS IT IS HEREBY ENACTED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, BY VIRTUE OF THE POWERS VESTED IN IT BY LAW, IN SESSION ASSEMBLED, that: SECTION 1. The deadline for assessment and payment of business and realty taxes, licenses, fees and charges are hereby extended, to wit: a) For assessment of business permits, instead of January 20, 2016 deadline, it will be extended up to January 25, 2016 without penalty; b) For payment of business permits, instead of January 20, 2016 deadline, it will be extended up to January 31, 2016 without penalty from 8:00 a.m. to 5:00 p.m. only; and c) For payment of real property tax (RPT), instead of January 20, 2016 deadline, it will be extended up to January 31, 2016 from 8:00 a.m. up to 5:00 p.m. only with ten percent (10%) discount, provided that payment thereof shall be made in full. SECTION 2. Let copy of this Ordinance be furnished the City Treasurer's Office, Accounting Department, City Administrator's Office, Business Permit Office (BPO), Budget Department and other offices concerned for their information, guidance and reference. SECTION 3. This Ordinance shall take effect immediately upon its approval. TIEHDC ENACTED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA, in its regular session held on January 19, 2016. Certified true and correct by: ATTY. ARIEL O. LABRA Acting Sanggunian Secretary Attested by: LEONARDO M. MAGPANTAY Acting Vice Mayor & Presiding Officer Approved by: ROMULO V. PEA, JR Acting City Mayor