The City Government of Malaybalay through the City Treasurer’s Office (CTO) has waived penalties and fees due for payment for real property and business taxes based on City Ordinance No. 924 s.2020 and DOF Circular No. 002 s.2020.
For the first installment payment (Section 3A of CO. No. 924) of real property tax covering the period from March 31, 2020 to June 30, 2020, shall be paid without interests and surcharges.
While business taxes on the other hand, pursuant to the second installment payment (Section 4(Z) of RA 111469 otherwise known as the Bayanihan to Heal as One Act), there shall be no interests and surcharges from April 20, 2020 to June 25, 2020.
The treasurer department reiterates that the issuance imposed are not applicable to delinquent taxes and fees.
Report by: Raffy Rubillos, CTO-Nada Coor.