Feature Articles:

Sapat na supply ng tubig napapanatili ng Boracay Water para sa Boracay Island

Ang Boracay Water, isang subsidiary ng Manila Water Philippine...

Ang IPOPHL ay nag-isyu ng unang kahilingan sa pag-block ng site sa isa sa pinakamalaking site ng piracy sa mundo

Ang Intellectual Property Office of the Philippines (IPOPHL) ay...

Unang Family Planning Mobile Clinic ng DKT sa Pilipinas Inilunsad

PINAIGTING ng DKT Philippines Foundation ang kanilang Service Outreach...

QC REPORTS EARLY INCREASE IN BUSINESS TAX COLLECTION

Quezon City posted a 7.75 percent increase in the city’s collection of business taxes before the first quarter deadline for payments, further bolstering QC’s image as one of the most business-friendly cities in the country today.

Based on the latest collection report submitted to Mayor Herbert Bautista, QC has already collected P3.26 billion in business taxes, which is P234 million more than what was collected by the city during the same period last year, which amounted to P3.02 billion.

City administrator Aldrin C. Cuna attributed the increase to the stricter process being implemented by the Bautista administration in the city’s tax collection system. “The city government is very thankful to our taxpayers for bearing with us,” Cuna said.

‘For the past five years, QC only managed to post increases that are below five percent. What we have achieved today is very significant for us to be able to finance the various requirements for governance and growth of the city,” said Cuña.

To date, Cuña said 49,000 business tax bills have already been paid.

The figure, Cuña said, represents nearly 80% of the total tax bills that were issued by the city government to the more than 60,000 registered business establishments operating in Quezon City .

On orders of Mayor Bautista, the city government has already streamlined the process of doing business in the city by cutting down by at least three procedural steps the processing time to facilitate business registration and renewals in the city.

“This innovation forms part of a continuing effort to increase QC’s competitiveness ranking in terms of ease of doing business,” Cuña said.

Based on the same collection report submitted by the treasury, QC has already managed to collect P4.1 3 billion in gross revenues, which is 2.2 percent more than what was  collected by the city during the same period last year.

Aside from business taxes, QC also posted considerable increases in the collection of other regulatory tax and miscellaneous fees.

Posted By: Edrillan Pasion

Latest

Sapat na supply ng tubig napapanatili ng Boracay Water para sa Boracay Island

Ang Boracay Water, isang subsidiary ng Manila Water Philippine...

Ang IPOPHL ay nag-isyu ng unang kahilingan sa pag-block ng site sa isa sa pinakamalaking site ng piracy sa mundo

Ang Intellectual Property Office of the Philippines (IPOPHL) ay...

Unang Family Planning Mobile Clinic ng DKT sa Pilipinas Inilunsad

PINAIGTING ng DKT Philippines Foundation ang kanilang Service Outreach...

Newsletter

spot_img

Don't miss

Sapat na supply ng tubig napapanatili ng Boracay Water para sa Boracay Island

Ang Boracay Water, isang subsidiary ng Manila Water Philippine...

Ang IPOPHL ay nag-isyu ng unang kahilingan sa pag-block ng site sa isa sa pinakamalaking site ng piracy sa mundo

Ang Intellectual Property Office of the Philippines (IPOPHL) ay...

Unang Family Planning Mobile Clinic ng DKT sa Pilipinas Inilunsad

PINAIGTING ng DKT Philippines Foundation ang kanilang Service Outreach...

Kinumpleto ng IPOPHL ang Third-Party Audit na may Pinakamataas na Marka, Naghahanda para sa PGS Revalida

Ang Intellectual Property Office of the Philippines (IPOPHL) ay...
spot_imgspot_img

Sapat na supply ng tubig napapanatili ng Boracay Water para sa Boracay Island

Ang Boracay Water, isang subsidiary ng Manila Water Philippine Ventures at isang concessionaire ng Tourism Infrastructure and Enterprise Zone Authority na nagbibigay ng supply...

Ang IPOPHL ay nag-isyu ng unang kahilingan sa pag-block ng site sa isa sa pinakamalaking site ng piracy sa mundo

Ang Intellectual Property Office of the Philippines (IPOPHL) ay naglabas ng una nitong kahilingan sa pag-block ng site laban sa 11 domain at subdomain...

Unang Family Planning Mobile Clinic ng DKT sa Pilipinas Inilunsad

PINAIGTING ng DKT Philippines Foundation ang kanilang Service Outreach and Distribution Extension Program (SODEX) para maipagkaloob sa mga mag-asawang Pilipino ang tamang pagpaplano ng...