An Ordinance Amending Section 37 (1) Business Tax on Lessors or Sub-Lessors of Ordinance No. 1614, Series of 1999, Otherwise Known as the Pasay City Revenue Code

September 26, 2016 PASAY CITY ORDINANCE NO. 5744, S. 2016 AN ORDINANCE AMENDING SECTION 37 (1) BUSINESS TAX ON LESSORS OR SUB-LESSORS OF ORDINANCE NO. 1614, SERIES OF 1999, OTHERWISE KNOWN AS THE PASAY CITY REVENUE CODE Sponsored by: Members of the Sangguniang Panlungsod WHEREAS , the City of Pasay is currently experiencing a boom on real estate development particularly on condominium buildings being built for the past several years up to the present; HTcADC WHEREAS , with such number of new condominium buildings there would be a substantial number of units in each condominium and unit owners who may not be the actual occupants thereof and are rather leasing their units, thus, in effect are conducting business as lessors as defined under Ordinance No. 1614, S-1999, and therefore should pay the corresponding business taxes and Mayor's Permit fees for such business activity; WHEREAS , there is also a need to regulate such business activities for security reasons and in order to protect the welfare of the public especially those leasing and or using these condominium units; WHEREAS , the City of Pasay is in dire need of additional sources of revenues for the different social services programs and projects being provided for its constituents, and in the exercise of its taxing powers. NOW THEREFORE, BE IT ORDAINED AS IT IS HEREBY ORDAINED , by the Sangguniang Panlungsod in session duly assembled: CHAPTER 11 Tax on Business SECTION 37. Imposition of Tax . There is hereby imposed on the following persons who establish, operate, conduct or maintain their respective businesses with the City a Graduated Business Tax in the amount hereafter prescribed. (1) (a) Lessors or Sub-lessors of real estate including accessories, apartels, pensions and inns, apartments, condominium units, house for lease, rooms and spaces for rent shall pay the tax in accordance with the following schedule: Those with gross receipts for the preceding calendar year in the amount: Amount of Tax Per Annum Less than Php1,000.00 Exempt 1,000 or more but less than 4,0000 49.50 4,000 or more but less than 10,000.00 123.20 10,000.00 or more but less than 20,000.00 371.80 20,000.00 or more but less than 30,000.00 742.50 30,000.00 or more but less than 50,000.00 1,237.50 50,000 or more at the rate not for purposes other than - Exceeding eighty two and a half percent (82.5%) of one percent (1%) (b) For condominium developers to submit to the City Treasurer: 1. List showing the No. of Units per building with corresponding CCT No. and Tax Declaration No. and names of Unit Buyer, if possible. (c) For building/condominium administrators and property administrators of certain units operating as lessee in behalf of some of the unit owners, should submit regularly to the City Treasurer the following: A sworn declaration of items 1 to 3. 1. No. of units being leased or rented out with the name of owner and/or property manager thereof; 2. Units being leased or rented out with corresponding amount of daily/monthly rental; and 3. Proof of payment of business permit for each Lessor (administrator/property manager or unit owner) (d) Access should be granted to CTO taxmappers/personnel who are authorized to deliver assessments, notice of delinquency, inspect and the like to unit owners of the condominiums within Pasay City. Administrators and Property Managers who would deny access shall be subject to penalty as provided in Section 104 of the Pasay City Revenue Code . (e) Penalty Non-payment of the lessors tax shall be subject to a penalty of 25% surcharge and 2% interest per month. Non-submission of required documents/reports as provided in (b) and/or any violation of this ordinance without any justifiable reason shall be subject to the penalties provided in Section 4 of the Pasay City Revenue Code of 1999. SECTION 37.1. Repealing Clause . All ordinances, rules and regulations or parts thereof which are in conflict with the provisions in this Ordinance are hereby deemed repealed or modified accordingly. SECTION 37.2. Effectivity . This Ordinance shall take effect upon passage by the Sangguniang Panlungsod, approval by the Local Chief Executive, and fifteen (15) days from the date a copy thereof is posted in a bulletin board at the entrance of the City Hall and in at least two (2) conspicuous places in the City. In addition to the posting, the ordinance shall be published in a local newspaper of general circulation within the City in accordance with Section 59 (d) of RA 7160. ENACTED in the City of Pasay, Metro Manila, Philippines, this 26th day of September, in the Year of Our Lord, Two Thousand Sixteen. aScITE CERTIFIED APPROVED BY THE SANGGUNIANG PANLUNGSOD District I (SGD.) HON. MARK ANTHONY A. CALIXTO City Councilor (Absent) HON. JEROME MARTIN R. ADVINCULA City Councilor (SGD.) HON. MA. ANTONIA C. CUNETA City Councilor (SGD.) HON. ALBERTO C. ALVINA City Councilor HON. RICARDO E. SANTOS City Councilor (SGD.) HON. CONSERTINO C. SANTOS City Councilor (SGD.) HON. NOEL P. OCTAVO Acting Liga President District II (SGD.) HON. ARNEL REGINO T. ARCEO City Councilor (On Leave) HON. ALLAN T. PANALIGAN City Councilor (SGD.) HON. EDITHA Y. MANGUERRA City Councilor (SGD.) HON. JOSE C. ISIDRO, JR. City Councilor (SGD.) HON. DONNABEL M. VENDIVEL City Councilor (SGD.) HON. AILEEN C. PADUA City Councilor Certified True Copy: (SGD.) ATTY. ROBERTO B. YAM City Secretary Attested by: (SGD.) HON. NOEL L. DEL ROSARIO City Vice-Mayor & Presiding Officer Approved by: (SGD.) HON. ANTONINO G. CALIXTO City Mayor