Extending the Deadline for Assessment up to 25 January 2017 and Payment of Business and Realty Taxes, Licenses, Fees and Charges up to 31 January 2017

January 11, 2017 On motion presented by Hon. M.C.M. Yabut, which was duly seconded by all Members present, the Sangguniang Panlungsod of the City of Makati approved City Ordinance No. 2017-003 on third and final reading. MAKATI CITY ORDINANCE NO. 003-17 Authors: Hon. M.C.M. Yabut, Hon. M.A.S.J. Casal-Uy, Hon. D.A. Jacome, Hon. G.I. de Lara-Bes, Hon. N.S. Yabut Jr., Hon. F.T. Eusebio and Hon. M.A.M. Ortega Co-Authors: Hon. S.C. Aspillaga, Hon. V.V. Hilario, Jr., Hon. L.S. Javier, Jr., Hon. L.M. Magpantay, Hon. N.S. Pasia, Hon. M.R.C. Tolentino, Hon. E.D.E. Villamor and Hon. A.P. Padilla AN ORDINANCE EXTENDING THE DEADLINE FOR ASSESSMENT UP TO 25 JANUARY 2017 AND PAYMENT OF BUSINESS AND REALTY TAXES, LICENSES, FEES AND CHARGES UP TO 31 JANUARY 2017, BOTH 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; HTcADC WHEREAS , upon the request of the City Finance Department, through a letter dated 28 December 2017, 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: 1. For assessment of business permits without penalty, instead of 20 January 2017, it will be extended up to 25 January 2017; 2. For acceptance of payment without penalty of business licenses, instead of 20 January 2017 deadline, it will be extended up to 31 January 2017, from 8:00 a.m. to 5:00 p.m. only; 3. For Real Property Tax (RPT), assessment and collection taxpayers may avail of ten percent (10%) discount up to 31 January 2017 from 8:00 a.m. 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 without penalty, instead of 20 January 2017, it will be extended up to 25 January 2017; b) For acceptance of payment of business licenses without penalty, instead of 20 January 2017 deadline, it will be extended up to 31 January 2017, from 8:00 a.m. to 5:00 p.m. only; c) For payment of Real Property Tax (RPT), instead of 20 January 2017 deadline, it will be extended up to 31 January 2017, from 8:00 a.m. to 5:00 p.m. only, and taxpayers may avail of the 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. ENACTED BY THE SANGGUNIANG PANLUNGSOD OF MAKATI, METRO MANILA , in its Regular Session held on January 11, 2017. HON. SHIRLEY C. ASPILLAGA HON. ROMEO C. MEDINA HON. MARIE ALETHEA S.J. CASAL-UY HON. MA. ARLENE M. ORTEGA HON. GRAZIELLE IONY DE LARA-BES HON. NELSON S. PASIA HON. FERDINAND T. EUSEBIO HON. ENRICO J. PUNO HON. VIRGILIO V. HILARIO, JR. HON. MARY RUTH C. TOLENTINO HON. DIVINA A. JACOME HON. EVELYN DELFINA E. VILLAMOR HON. LUIS S. JAVIER, JR. HON. MARIA CONCEPCION M. YABUT HON. LEONARDO M. MAGPANTAY HON. NEMESIO S. YABUT, JR. HON. ARMANDO P. PADILLA LnB President Certified true and correct by: ATTY. DINDO R. CERVANTES Secretary to the Sangguniang Panlungsod Attested by: HON. MONIQUE Q. LAGDAMEO Vice Mayor & Presiding Officer Approved by: MAR-LEN ABIGAIL S. BINAY City Mayor