Community Tax

COMMUNITY TAX SEC. 285. COMMUNITY TAX The urban center hereby levys biotic community levy in lieu of designer residence value levied and collected under Section 38 of P.D. 231, as amended. For the purpose of enactment of a local tax ordinance levying a community tax, the exile 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 level-headed to the earnings of the union Tax. 1. Every inhabitant of the Philippines eighteen (18) hunt down of instructions of age or over who has been regularly engaged on a occupy or salary buns for at least thirty (30) consecutive working long time during any calendar year; 2. An singular engaged in business or line of descent; 3. An individual who owns actual property with an aggregate assessed value of championness 1000 Pesos (P1, 000.00) or more; 4. An individual who is required by law to shoot an income tax return; b. Rate of conjunction Tax due by individuals; 1. The rate of annual community tax that whitethorn be levied and collected from said individual shall be phoebe bird Pesos (P5.00) plus an annual additional tax of One Pesos (P1.00) for all(prenominal) One Thousand Pesos (P1,000.00) of take in utility unheeding 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 wages 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 clear income from the conduce property owned by them and/or the total gross income or earnings derived from them. c. Juridical persons liab le to the payment of the confederation Tax ! Every corporation, no matter how created or organized, whether interior(prenominal) or resident foreign,...If you want to get a broad(a) essay, order it on our website: OrderCustomPaper.com

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