Business: SP Grants MBCCI Request for Tax Payment Extension
The Sangguniang Panlungsod of Bacolod City granted in yesterday’s session the request of the Metro Bacolod Chamber of Commerce and Industry (MBCCI) toextend the deadline for payment of City Taxes and licenses for the 2nd quarter of 2012 to April 30, 2012. 2nd quarter of 2012 to April 30, 2012.
Councilor Caesar Distrito, SP Chairman of the Committee on Laws, Ordinances and Good Government sponsored the resolution for the approval of such request.Supposedly, the deadline for payment of taxes for the second quarter is April 15, 2012. But for consideration of business establishments in the City of Bacolod, it will be extended until the end of the month.
"We are extending the deadline of payment for the second quarter because the Sangguniang Panlungsod is also sensitive to the plight of our business sector," Councilor Distrito said.
"This will enable them to have an ample time to pay until April 30, 2012 and free from any penalty or interest." Distrito also said. * (EBColmo)