MANILA (UPDATE) - The City of Manila waived all penalties for delinquent taxpayers in the capital Wednesday, after Mayor Isko Moreno signed an amnesty ordinance to encourage residents and businessmen to pay their dues.
Penalties will be waived upon full payment of the principal amount of the basic tax, according to Ordinance No. 8566. It was issued in response to public clamor.
"This is the opportunity to correct our mistakes. We are correcting everything so there will be no discretion for any inspector to check your books and accounts," Moreno said. "All you have to do is pay what is due to the city."
The tax amnesty in Manila may be availed from August 1 to December 20, 2019, according to the ordinance.
When asked about how much the city would lose because of the amnesty, Moreno said the policy would not lead to losses.
“In our books, yayamanin ang Maynila sa libro. E walang nagbabayad, nganga,” he said.
(We should be rich, but nobody's paying.)
“So dito napagaan ko na yung bayarin, na-increase ko pa yung koleksyon,” he said.
(We want to increase collection by encouraging them to pay.)
The capital city would settle its P4.4-billion debt through the “efficient” utilization of taxes, the mayor said.