Hotels hosting frontliners in Manila get tax breaks | Inquirer News
Close  

Hotels hosting frontliners in Manila get tax breaks

/ 05:12 AM July 12, 2020

MANILA, Philippines — Hotels, motels and other establishments in Manila, which provided free accommodation to frontliners during the public health crisis will be granted P100,000 in tax credit.

Manila Mayor Francisco “Isko Moreno” Domagoso signed Ordinance No. 8646, which provides the tax incentive.

ADVERTISEMENT

The ordinance was enacted by the Manila City Council on June 11, but was released to the media on Friday.

The tax credit “may be applied on all forms of local business taxes, regulatory fees and services including the appropriate surcharge and penalty interests.” It may be claimed within three years.

FEATURED STORIES

—Nikka G. Valenzuela

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: hotels hosting frontliners, Tax Credit
For feedback, complaints, or inquiries, contact us.

News that matters

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.