Latest Breaking News On - Nd encourage business owners to settle their obligations he would also devisea condonation plan for delinquent taxpayers in public markets so they can be eligible new contracts the transportation sector - Page 1 : comparemela.com
NEW ADMIN. Cagayan de Oro City Mayor-elect Rolando Uy (center) and councilors hold a press briefing at a mall following their inauguration on Sunday (June 26, 2022). Uy said among his plans for economic recovery are non-increase in taxes and condonation of delinquent tax accounts. (PNA photo by Nef Luczon) CAGAYAN DE ORO CITY - The incoming administration here said there will be no tax increase for the business sector which is still recovering from the Covid-19 pandemic. During a press conference at a mall here on Sunday, Mayor-elect Rolando Uy asked the help of the city council to pass an ordinance supporting his plans that include providing incentives for new investors and discounts for business owners who would pay their real property and business taxes in advance. Uy said his programs can boost the economy, generate jobs, and encourage business owners to settle their obligations. He would also devise a condonation plan for delinquent taxpayers in public markets so they can be eligi