outbrain
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
EDITORS' PICK
MOST READ
Don't miss out on the latest news and information.
View comments

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.


© Copyright 1997-2020 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.