CEBU, Philippines - Talisay City Councilor Doroteo Emit is thinking about increasing the penalty on business establishments that fail to secure business permits.
Emit, chairman of the committee on labor, trade and industry, said only a few business establishments have remained stubborn because the fine is ridiculously small.
“Increasing the penalty would encourage business entities to secure business permits,†Emit said.
If Emit’s proposal is approved, Section 79 of the city ordinance on the Revised Revenue Code will be amended.
For every year that the Mayor’s Permit was not secured despite having paid the annual tax due, the penalty shall be from P250 to P1,000 for declared gross sales of P50,000 to P100,000.
From the penalty of P1,000, it will be P5,000 for declared gross sales of P1million.
According to Emit, that apart from payment of annual tax due, the submission of all prerequisites for business permit issuance is equally significant to ensure that no other pertinent laws and ordinances are desecrated. (FREEMAN)