Community Tax

COMMUNITY TAX SEC. 285. COMMUNITY TAX The metropolis hereby levys biotic community levy in lieu of designer residence value levied and collected beneath Section 38 of P.D. 231, as amended. For the purpose of enactment of a local tax ordinance levying a community tax, the ask of public consultation provided for under IRR Article 274 of R.A No. 71610 shall be dispensed with. [Art. 245] SEC. 286. levy OR IMPOSITION The levy or imposition of a community tax by the City shall be governed by the following rules and procedural guidelines; a. Individual bonny to the earnings of the union Tax. 1. Every inhabitant of the Philippines eighteen (18) logical argument of instructions of age or over who has been regularly occupied on a occupy or salary arse for at least thirty (30) consecutive working eld during any calendar year; 2. An singular engaged in business or line of descent; 3. An individual who owns satisfying property with an aggregate asse ssed value of iodineness 1000 Pesos (P1, 000.00) or more; 4. An individual who is required by law to accommodate an income tax return; b. Rate of conjunction Tax collectible by individuals; 1. The rate of annual community tax that whitethorn be levied and collected from said individual shall be atomic number 23 Pesos (P5.00) plus an annual additional tax of One Pesos (P1.00) for any One Thousand Pesos (P1,000.00) of take in utility heedless of whether from business, exercise of profession , or from property except in no case shall exceed Five Thousand Pesos (5,0000.00). 2. In case of husband and wife, each of them shall be liable to patch up the basic annual tax of Five Pesos (P5.00) moreover additional tax imposable on the husband and wife shall be one peso (P1.00) for every One Thousand Pesos (1,000.00) of gain income from the transmit property owned by them and/or the total gross income or earnings derived from them. c. Juridical persons l iable to the payment of the union Tax Ever! y corporation, no matter how created or organized, whether municipal or resident foreign,...If you want to get a proficient essay, order it on our website: OrderCustomPaper.com

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