AN ORDINANCE AMENDING PORTION OF REVISED REVENUE CODE OF THE MUNICIPALITY OF MARIBOJOC, BOHOL, C.Y. 1992.
Proponents: Kag. Isidro P. Mirontos
Kag. Nicanor Lamoste
Kag. Ma. Nenita Chiu
WHEREAS, while it is true under the Republic Act No. 7160, otherwise known as the Local Government Code of 1991, has given the Local Government Units greater autonomy, especially the power to generate its own sources of income;
WHEREAS, however, Municipal Ordinance No. 01, Series of 1993 approving the Revised Revenue Code of the Municipality of Maribojoc, Bohol, reference Chapter III, Article A, Sec. 3A.01 regarding the Mayor’s Permit Fee on Business a portion of which needs an amendment in order to attune on the fundamental principles of taxation that taxes, fees or charges shall be equitable and based, as far as practicable, on the taxpayer’s ability to pay;
NOW, THEREFORE, be it ordained by the Sangguniang Bayan in the Municipality of Maribojoc, Bohol, that:
SECTION: 1. The Mayor’s Permit fee per annum under portion of Section 3A.03
shall be amended accordingly.
SECTION: 2. Amount of tax on owners or its representatives of any establishments
and sari-sari stores having an annual gross sales of Ten Thousand Pesos and below (P10,000.00 & below) shall pay the Mayor’s Permit Fee same amount of tax paid in the preceding calendar year. It is understood that the schedule of Mayor’s Permit Fee per annum, reference Sec. 3A. 03 shall not be used anymore in so far as this particular section is concern.
SECTION: 3. Any provision of an ordinance inconsistent with the provisions of this
ordinance are hereby repealed.
SECTION: 4. This ordinance shall take effect on January 1st 1995.
Approved: November 28, 1994
Let copies be furnished, the Municipal Treasurer, Maribojoc, Bohol for guidance an dimplementation.
PHILIP R. MEDEQUISO
ALBERTO E. ARANGOSO
ATTY. JOSE E. VELOSO
Date signed: December 15, 1994