QC Council extends deadline of business taxes payment
THE Quezon City Council has passed on third and final reading an ordinance extending the deadline for payment of business taxes in the city to Feb. 3.
The ordinance states that the extension of the Jan. 20 deadline was made to further accommodate the increasing number of tax-paying businesses in the city.
Quezon City Vice-Mayor and city council presiding officer Josefina G. Belmonte said in a statement on Tuesday, “With this ordinance, the city will not give penalties, surcharge or interest if business owners will pay their taxes until February 3. However, if they will pay beyond the said deadline, they will be subjected to 25 per cent penalty and monthly interest of two per cent.” — Vince Angelo C. Ferreras