Advisory: Cut-Off Dates for Tax Payment

PURSUANT TO THE REVENUE CODE OF CEBU OF 2008, DULY ORDAINED BY THE SANGGUNIANG PANLALAWIGAN NG CEBU UNDER ORDINANCE NO. 2008-10 DATED SEPTEMBER 15, 2008 AND SUBSEQUENTLY APPROVED ON SEPTEMBER 22, 2008, THE CEBU PROVINCIAL TREASURER HEREBY REMINDS THE CUT-OFF DATES FOR THE PAYMENT OF THE FOLLOWING TAXES :

Under Section 63, Article E. , Chapter II- COLLECTION OF REAL PROPERTY TAXES

Payment of real property taxes, including the additional tax for SEF with 10% discount for prompt payment.

DEADLINE DATE: March 31, 2015

Under Section 112, Article C, Chapter III – TAX ON BUSINESS OF PRINTING AND PUBLICATION

Payment for tax on business of printing and publication based on the gross receipts from the preceding calendar year

DEADLINE DATE: January 20, 2015

Under Section 120, Article D, Chapter III – FRANCHISE TAX

Payment for tax on business enjoying franchise based on gross receipts of cash sales and sales on account

DEADLINE DATE: January 20,2015

Under Section 132, Article F, Chapter III – PROFESSIONAL TAX

Payment for professional tax on specified professions in lawful engagement of such profession

DEADLINE DATE: January 30,2015

Under Article H. , Chapter III – OTHER PROVINCIAL TAXES

Payments of the annual fixed tax for every delivery and hauling truck or van of Manufacturers or Producers, Wholesalers, Dealers or Retailers delivering or distributing distilled spirits, fermented liquors, softdrinks, cigars and cigarettes,and all other products directly or indirectly within the Province of Cebu,

DEADLINE DATE: January 20,2015

Under Section 193, Article A, of Chapter VI – GOVERNOR’S PERMIT AND FEE ON EXTRACTION OF ORDINARY STONES, SAND, GRAVEL, EARTH AND OTHER QUARRY/MINERAL RESOURCES

Payments for the renewal of Governor’s Permit and fee for the extraction of ordinary stones, sand, gravel, earth and other quarry/mineral resources

DEADLINE DATE: January 20,2015

Under Section 213, Article D of Chapter VI – GOVERNOR’S ACCREDITATION AND FEES ON OPERATORS, PROCESSORS, HAULERS, TRADERS, DEALERS AND RETAILERS OF STONES, EARTH, SAND, GRAVEL, OTHER QUARRY RESOURCES,

Payments for the renewal of Governor’s Accreditation and Fees on Operators, Processors, Haulers, Traders, Dealers/Retailers of the above-mentioned products/byproducts

DEADLINE DATE: January 30,2015

GENERAL ADMINISTRATIVE AND PENAL PROVISION

Under Sections 230, 231, Article A of Chapter VII – There is hereby collected a 25% surcharge on taxes, fees and charges not paid on time and an interest of 2% per month of the unpaid taxes, fees, or charges including surcharges until such amount is fully paid but in no case shall the total interest on the unpaid amount or a portion thereof shall exceed thirty six (36) months.

Any violation of these provisions shall be punished by a fine of not less than Php1,000.00 but not more than Php5,000.00 or imprisonment of not less than one (1) month but not more than six (6) months, or both such fine and imprisonment , at the discretion of the Court.

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