An Ordinance Fixing New Tax Rates of Business and Transfer Tax of Real Property in the City of Tacloban

December 12, 2007 TACLOBAN CITY ORDINANCE NO. 2007-10-67 AN ORDINANCE FIXING NEW TAX RATES OF BUSINESS AND TRANSFER TAX OF REAL PROPERTY IN THE CITY OF TACLOBAN Be it ordained by the Sangguniang Panlungsod, City of Tacloban, Philippines, that: SECTION 1. There is hereby imposed new rate of Business Taxes. The new rates of business taxes shall be read as follows: SECTION 2. Rate of Taxes on Transfer of Real Property . There is hereby imposed a tax on the sale, donation, barter, or any mode of transferring ownership or title of real property, of the rate of 45.50% of one percent (1%) the total consideration involved in the acquisition of the property or of the market value, whichever is higher. The market value as used herein shall be that reflected in the prevailing schedule of market values submitted by the City Assessor's Office and enacted by the Sangguniang Panlungsod. SECTION 3. Tax on Business . There is here imposed a graduated tax on manufacturers, assemblers, repackers, processors, brewers, distillers, rectifiers and compounders of liquors, distilled spirits and wines or manufacturers of any article of commerce of whatever kind of nature, in accordance with the following schedule. Amount of Tax With gross sales of receipts for the preceding calendar year in the amount of: Annually Quarterly Less than P10,000.00 272.25 68.07 P10,000.00 or more but less than 15,000.00 363.00 90.75 15,000.00 or more but less than 20,000.00 498.30 124.60 20,000.00 of more but less than 30,000.00 726.00 181.50 30,000.00 or more but less than 40,000.00 1,089.00 272.25 40.000.00 or more but less than 50,000.00 1,361.25 340.32 50,000.00 or more but less than 75,000.00 2,178.00 544.50 75,000.00 or more but less than 100,000.00 2,722.50 680.65 100,000.00 or more but less than 150,000.00 3,630.00 907.50 150,000.00 or more but less than 200,000.00 4,537.50 1,134.40 200,000.00 or more but less than 300,000.00 6,352.50 1,588.15 300,000.00 or more but less than 500,000.00 9,075.00 2,268.75 500,000.00 or more but less than 750,000.00 13,200.00 3,300.00 750,000.00 or more but less than 1,000,000.00 16,500.00 4,125.00 1,000,000.00 or more but less than 2,000,000.00 22,687.50 5,671.90 2,000,000.00 or more but less than 3,000,000.00 27,225.00 6,806.25 3,000,000.00 or more but less than 4,000,000.00 32,670.00 8,167.50 4,000,000.00 or more but less than 5,000,000.00 38,115.00 9,528.75 5,000,000.00 or more but less than 7,000,000.00 43,560.00 10,890.00 9,000,000.00 or more but less than 12,000,000.00 54,450.00 13,612.50 12,000,000.00 or more but less than 15,000,000.00 59,895.00 14,973.75 15,000,000.00 or more but less than 18,000,000.00 65,340.00 16,335.00 18,000,000.00 or more but less than 20,000,000.00 72,600.00 18,150.00 For every 500,000.00 in excess of P20,000,000.00 but not more than 50,000.000.00 907.50 For every P500,000.00 in excess of P50,000,000.00 416.65 SECTION 4. Tax on Wholesalers, Distributors, or Dealers. There is hereby imposed a graduated tax on wholesalers, distributors, or dealers in any kind of article of commence or whatever kind or nature in accordance with the following schedule: Amount of Tax With gross sales of receipts for the preceding calendar year in the amount of: Annually Quarterly Less than 1,000.00 27.50 6.88 P1,000.00 or more but less than 2,000.00 55.00 13.75 2,000.00 or more but less than 3,000.00 82.50 20.63 3,000.00 or more but less than 4,000.00 118.80 29.70 4,000.00 or more but less than 5,000.00 165.00 41.25 5,000.00 or more but less than 6,000.00 199.65 49.95 6,000.00 or more but less than 7,000.00 235.95 58.99 7,000.00 or more but less than 8,000.00 272.25 68.06 8,000.00 or more but less than 10,000.00 308.55 77.15 10,000.00 or more but less than 15,000.00 363.00 90.75 15,000.00 or more but less than 20,000.00 453.75 113.45 20,000.00 or more but less than 30,000.00 544.50 136.13 30,000.00 or more but less than 40,000.00 726.00 181.50 40,000.00 or more but less than 50,000.00 1,089.00 272.25 50,000.00 or more but less than 75,000.00 1,633.50 408.38 75,000.00 or more but less than 100,000.00 2,178.00 544.50 100,000.00 or more but less than 150,000.00 3,085.50 771.38 150,000.00 or more but less than 200,000.00 3,993.00 998.25 200,000.00 or more but less than 300,000.00 5,445.00 1,361.25 300,000.00 or more but less than 500,000.00 7,260.00 1,815.00 500,000.00 or more but less than 750,000.00 10,890.00 2,722.50 750,000.00 or more but less than 1,000,000.00 14,520.00 3,630.00 For every P100,000.00 excess of 1,000,000.00 181.50 SECTION 5. Tax on Caterers. On caterers such as restaurants, soda fountains, bars, cafeterias, ice cream and other refreshment parlors, carenderias, fast food parlors or food cafeterias and the like. CAIHTE With gross sales or receipts for the preceding Calendar Year of P50,000.00 or less 2.75% For every P1,000.00 in excess of P50,000.00 add P9.50 SECTION 6. Tax on Contractors. Amount of Tax With gross sales for the preceding calendar year in the amount of: Per Annum Less than 5,000.00 45.50 P5,000 or more but less than 10,000.00 101.65 10,000.00 or more but less than 15,000.00 172.45 15,000.00 or more but less than 20,000.00 272.25 20,000.00 or more but less than 30,000.00 453.75 30,000.00 or more but less than 40,000.00 635.25 40,000.00 or more but less than 50,000.00 907.50 50,000.00 or more but less than 75,000.00 1,452.00 75,000.00 or more but less than 100,000.00 2,178.00 100,000.00 or more but less than 150,000.00 3,267.00 150,000.00 or more but less than 200,000.00 4,356.00 200,000.00 or more but less than 250,000.00 5,989.50 250,000.00 or more but less than 300,000.00 7,263.00 300,000.00 or more but less than 400,000.00 10,164.00 400,000.00 or more but less than 500,000.00 13,612.50 500,000.00 or more but less than 750,000.00 14,753.20 750,000.00 or more but less than 1,000,000.00 15,221.25 1,000,000.00 or more but less than 2,000,000.00 16,445.00 For every P10,000.00 in excess of 2,000,000.00 90.75 SECTION 7. Tax on Retailers. A percentage tax is hereby imposed on retailers on their gross sales or receipts for the preceding calendar year at the rate of 1.10% per annum. SECTION 8. Situs of the Tax . All business transactions filed with or negotiated in the branch or sales office or warehouse shall be recorded in said branch, sales office or warehouse and the tax shall accrue and shall be payable to the City where the same is located. SECTION 9. Submission of Preceding Year Financial Statement. The taxpayer, as part of a requirement for the renewal of Mayor's Business Permit is required to submit a copy of their duly paid percentage/vat tax returns for the previous calendar year issued by the Bureau of Internal Revenue. SECTION 10. Implementation of the Presumptive Income Level Approach (Schedule of Minimum Gross) to Make Declaration More Realistic and Current. The City Treasurer is hereby authorized to make a schedule of minimum gross sales/receipts to be more realistic with the current prices of goods and services which should serve as the basis for the implementation of the presumptive income level. SECTION 11. Requirement of Business Establishments to Present Mayor's Permit. Dealers, Sellers and Developers of real estate, such as lands, buildings, condominium units and the like especially corporations and other juridical entities are required to present their Mayor's Permit and proof of payment of business taxes before processing the transfer tax. aScITE SECTION 12. Business Withholding Tax of Business Establishments. In order to ensure that contractors and suppliers pay their business taxes, the City Treasurer and City Accountant are hereby directed to deduct from their vouchers the amount of tax of the gross collection payment of business tax to the City of Tacloban. SECTION 13. Repealing Clause. All ordinances, rules and regulations or any part hereof, in conflict or inconsistent with the provisions of this Ordinance are hereby repealed, amended or modified accordingly. SECTION 14. Separability Clause. If for any reason, any section or provisions of this Ordinance shall be held invalid or ineffective, no other section or provision hereof, shall be affected thereby. SECTION 15. Effectivity . This Ordinance shall take effect immediately after publication in a newspaper of general circulation. ENACTED, December 12, 2007. I HEREBY CERTIFY to the correctness of the abovementioned ordinance. (SGD.) MAILA N. ANDRADE Secretary ATTESTED: (SGD.) ATTY. ARVIN ANTONI City Vice-Mayor & Presiding Officer APPROVED: (SGD.) ALFRED S. ROMUALDEZ City Mayor (SGD.) CRISTINA G. ROMUALDEZ Floor Leader (SGD.) NOFREDO C. LAGONOY Assistant Floor Leader (SGD.) JERRY T. YAOKASIN Member (SGD.) WILSON S. UY Member (SGD.) BLANCO F. MATE Member (SGD.) ROBERT HERNANDEZ Member (SGD.) RUFINO A. PACANAN Member ROBERT C. ANDRADE Member (SGD.) CRISTETA R. PEDROSA Member (SGD.) RANULFO S. ABELLANOSA Member