Deadline for filing of RPT, business tax in Cebu City moved to Dec. 21

  • 📰 cebudailynews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 71%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The deadline for payment of real property taxes (RPTs) and business taxes for fiscal year 2020 has been moved to December 21, 2020.

The Cebu City Council approved on Wednesday, October 28, 2020, the extension for the filing of RPT and business taxes, taking into consideration the long period of quarantine during the peak of the pandemic from March to August 2020.

This is a form of help from the city government after the many businesses has struggled through closures and halted operations. The City Treasurer’s Office already expected that they would not hit their target collection this year due to the pandemic, and the finance committee is hoping to collect more through the extension of the deadline.

Originally, the deadline was at February before it was first extended to September 30, 2020, as part of the implementation of the tax amnesty ordinance, which provided relief for delinquent payers in previous years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines