THE Metro Bacolod Chamber of Commerce and Industry (MBCCI) has expressed optimism that the local government will consider the group's recommendations in the crafting of the city's tax amnesty ordinance.
Frank Carbon, chief executive officer of MBCCI, said the chamber has sent its recommendations to the office of Councilor Al Victor Espino Friday, June 12.
Carbon said the recommendations are focused on real property and business taxes.
"The recommendations will generate the much-needed cash for the city and give reprieve to a much-burdened populace," he added.
Based on the chamber's recommendation, those who were not able to pay their real property tax (RPT) for 2019 and previous years have the option to pay on or before July 31, 2020, without surges and penalties.
It suggested that those who were not able to pay their first quarter due March 31, 2020 and second quarter due June 30, 2020 have the option to pay on or before July 31 this year without surcharges and penalties.
Those who would like to pay in full their 2020 RPT will enjoy a 10 percent discount provided they will pay in full before July 31 this year, it added.
In terms of business tax, Carbon said they recommended that those who were not able to pay their 2019 and previous years' business tax have the option to pay in full on or before July 31, 2020 without surcharges and penalties.
For those who were not able to process and pay their business tax due on January 20, April 20 and July 20, 2020 have the option to pay on or before July 31, 2020 without surcharges and penalties, he added.
Also, the business group recommended that those who were able to process their business tax and paid on January 20, 2020 but were not able to pay their April and July 2020 have the option to pay on or before July 31, 2020 without surcharges and penalties.
