Imposing and Collecting Various Taxes, Pursuant to Sections 135 to 141 of R.A. No. 7160

January 20, 1992 MAKATI ORDINANCE NO. 469-92 PRESENT: Vice-Mayor Augusto V. Pangan Presiding Officer Councilor Rosalinda L. Bondal '" Roberto G. Brillante '" Ferdinand V. Estrella '" Elena B. Maccay '" Antonio G. Manalili '" Pacifico R. Reyes '" Armando C. San Miguel, Sr. ABC Pres. Feliciano P. Bascon, Jr. Sectoral Representative ABSENT: Councilor Raul S. Javier '" Michael M. Joseph '" Elsa V. Payumo '" Elias V. Tolentino, Jr. '" Johnny S. Wilson Upon motion of Councilor Pacifico R. Reyes, duly seconded, the following ordinance was enacted: IaSAHC Authors: All Members of the Mun. Council AN ORDINANCE TO IMPOSE AND COLLECT VARIOUS TAXES, PURSUANT TO AND IN LINE WITH SECTION 135 TO 141 OF THE NEW LOCAL GOVERNMENT CODE WHEREAS, the Local Government Code of 1991, (Rep. Act 7160) which took effect on January 1, 1992, provides that all LGU's (Local Government Units), like province, cities and municipalities, are empowered to impose and collect their own local taxes. So DcHSEa NOW THEREFORE BE IT ORDAINED, AS IT IS HEREBY ORDAINED, by the Municipal Council of Makati, in session assembled that: SECTION 1. In line with and subject to the provisions of Section 135-141 of the New Local Government Code, and effective on the first day of January, 1992, there shall be imposed and collected for revenue raising purposes, the following taxes: a) TRANSFER TAX A Tax on the Sale, donation, barter or any other mode of transferring ownership of title of real property at the previous rates being collected. aEIADT b) TAX ON BUSINESS OF PRINTING AND PUBLICATION A Tax on the business of persons engaged in the printing and/or publication of books, cards, posters, leaflets, handbills certificate, receipts, pamphlets, and other of similar nature at the previous rate being collected. c) FRANCHISE TAX A Tax on business enjoying a franchise, based on the out -going receipts, at the previous rate being collected. AECDHS d) TAX ON SAND, GRAVEL & OTHER QUARRY RESOURCES A Tax at previous rates being collected on the fair market value in the locality per cubic meter of ordinary stones, and gravel earth & other quarry resources, extracted from public lands or from seas, lakes, rivers, streams, creeks, and other public water within the territorial jurisdiction of the Municipality. e) PROFESSIONAL TAX An annual professional tax on the previous rates being collected on each person engaged in the exercise or practice of his/her profession. cSTHAC f) AMUSEMENT TAX A Tax at the previous rate being collected from proprietors, lessees, or operators of theaters, cinematograph, concert halls, circuses, boxing stadia, and other places of amusement. g) ANNUAL FIXED TAX FOR EVERY DELIVERY TRUCK OR VAN OF MANUFACTURERS An annual fixed tax at the previous rates being collected shall be collected for every truck, van or any vehicle used by manufacturers, producers, wholesalers, dealers or retailers in the delivery or distribution of distilled spirits, fermented liquors, softdrinks, cigars, cigarettes, & other products, to sales outlets or canvassers, whether directly or indirectly within the Municipality. aAcHCT SECTION 2. This Ordinance shall take effect upon approval. APPROVED on first, second and third reading. I hereby certify to the correctness of the foregoing ordinance. (SGD.) PEDRO P. ISON Municipal Secretary ATTESTED: (SGD.) AUGUSTO V. PANGAN Vice-Mayor & Presiding Officer