CEBU CITY, Philippines -- Cebu City Mayor Michael Rama has reiterated that the proposed revision of the Omnibus Tax Code is in accordance with the law.He, however, refused to comment on remarks
Cebu City Mayor Michael Rama | Photo from Cebu City PIO FB Live
He, however, refused to comment on remarks made by some City Council members that the proposed revision, especially of real property taxes, is “excessive” and “oppressive.”“Atong tiwason . It is not over yet. The most important thing, in the meantime, let everybody be heard. I will not be refuting it now. There will be time to refute. I would want democratic process also be institutional,” he told reporters in an interview on Wednesday, November 30, 2022.
While he proposed the goal of the current administration in achieving a Singapore-like Cebu City, Councilor Noel Wenceslao, earlier, voiced his and the other councilors’ concerns on the tax rate adjustment which is presently the subject of an ongoing public hearing. The council also raised concerns about the progression of the implementation of the tax rate adjustments.A proposal to revise tax rates is important to the realization of Cebu City’s dream to become Singapore-like, said Atty. Jerone Castillo, the special assistant to the mayor for fiscal matters.
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