2-year tax incentive for parking developers

MAJORITY of Davao City councilors yesterday agreed to uphold the amendment of proposed two-year special real property tax incentive for the land to be given to the developers/owners of facilities who are willing to develop their areas into parking spaces.

This is in line with the ordinance giving special real property tax and business tax incentives to urge developers within commercial areas and other areas in the city allowed by law to develop parking spaces/buildings.

With a majority vote of 13-2, the councilors retained the amendment raised by Davao City Councilor Diosdado Mahipus last week stating that there should only be two-year tax relief for real property tax for land for those who develop the parking facilities based on the uniformity of laws in giving incentives.

Mahipus argued yesterday that more than two years of the exemption will be a violation to the investment code.

Mahipus said this after

his proposed amendment last week was challenged yesterday by Davao City Councilor Maria Belen Acosta who said that the five-year real property tax incentive will be more attractive to the developers.

Meanwhile, based on yesterday’s discussion, the five-year period business tax incentive for those who will develop parking spaces in buildings was approved and did not face any objection.

However, the floor limit of those parking facilities which can enjoy the tax exemption was also amended from three floors to two floors.

This was done to make sure that the developers won’t be burdened by the cost of the facility.

Davao City Councilor Jimmy Dureza, chair of the committee on trade and industry and at the same time proponent of the ordinance, moved to defer the item for the next session. KVC

“The President stated two grounds behind his decision to (fire the commissioners). Number one: it is, according to him, a collegial body and they have not met as a collegial body. And number two, that the commissioners are notorious for junkets abroad,” he added.

In a speech delivered in Malolos, Bulacan on December 9, the President first revealed his plan to fire an “entire commission” allegedly involved in rampant corruption.

The PCUP, through Executive Order 82 signed on December 8, 1986, is mandated to serve as the direct link of the urban poor to the government in policy formulation and program implementation addressed to their needs.

Duterte has been living up to his campaign promise of running a “clean” government when he dismissed several government officials who either failed to fulfill their mandate or was reportedly corrupt.

Roque said Duterte’s decision to remove PCUP commissioners from office only signified the latter’s dedication to rid his administration of erring public officials.

“So this kind of work performance has no place in the Duterte administration. We reiterate, we are serious about the drive against the corruption in government,” he said.

“This latest decision of the President to abolish the PCUP, among others, for unnecessary junkets of its officials, prove beyond doubt that the President is very serious in his anti-corruption campaign,” the presidential spokesman added.

Ridon, a Left-leaning official, thanked the President despite the latter’s decision to dismiss them following allegations hurled against the commission.

He maintained that the PCUP during his stint had served with “integrity and competence.”

“We thank the President for the opportunity to serve the nation. The public record of the agency can speak for itself: we had implemented with full integrity the presidential promise of no demolition without relocation,” Ridon said in a statement.

“We had represented government and given voice to the urban poor in international conferences on public housing, poverty alleviation and climate change, which was unprecedented in any administration. We performed our mandate to the best of our abilities, with integrity and competence, despite the heavy burden of undertaking genuine reform.” SunStar Philippines