Castelo seeks tax amnesty for delinquent businesses
DISTRICT 2 Councilor Winnie Castelo is proposing the grant of a tax amnesty to thousands of delinquent business establishments in Quezon City.
In Proposed Ordinance No. 513-2021 the vice mayoral aspirant said it cannot be denied that the Covid-19 pandemic and the series of lockdowns have caused untold suffering on businesses and the people in general.
The pandemic has disrupted business operations, resulting in reduced income, reduction of workforce or closure of establishments, he said.
“It has caused business taxpayers to struggle in settling their dues and obligations to the city, thus incurring penalties and surcharges,” he said.
The proposed amnesty would help businesses in Quezon City update their tax payments and recover from the adverse effects of the pandemic, Castelo stressed.
He added that the Local Government Code authorizes local government units to grant tax exemptions, incentives or relief.
Castelo is the running mate of mayoral candidate Rep. Mike Defensor of Anakalusugan.
The proposed amnesty grant legislation, entitled, “Tax Amnesty on Delinquent Business Taxes in Quezon City,” is co-authored by Councilors Karl Edgar of District 5 and Melencio Castelo, Jr. of District 6.
