Hotels hosting frontliners in Manila get tax breaks
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.
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.
—Nikka G. Valenzuela
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