City gov’t grants 15 percent tax break for business firms
The city government has eased the incentives on the rise of the COVID-19 pandemic by giving a 15 percent tax break on business taxes to aid the city’s local enterprises. This is after the Sangguniang Panlungsod (SP) enacted Ordinance No. 32 s. of 2020 or “An Ordinance Granting a Fifteen Percent (15%) Tax Holiday On Business Tax For Fiscal Year 2020 in the City of