Tax amnesty in Paranaque
The Parañaque City government announced that city residents will receive early financial relief after Mayor Edwin Olivarez signed an ordinance declaring a three-month tax amnesty for all delinquent property owners starting Aug. 15.
Property owners now have the opportunity to settle their delinquencies and take advantage of the opportunity because this will be the first and last tax amnesty under his administration.
The local chief executive, who certified the tax amnesty ordinance as urgent, said he expects the measure to shore up the city’s tattered finances since many taxpayers had been holding back on their obligations because of back taxes, surcharges and penalties that have piled up during the previous years. (Jean Fernando)