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The Real Property Tax (RPT) in Cebu City is set to soar, with some land owners seeing an increase of 525 percent in their tax dues. The City Council is currently holding public hearings on the proposed ordinance, with the next one scheduled for next week.
FROM paying P1,200 in real property tax (RPT), a land owner with a 500-square-meter residential land on Sanson Road, Barangay Lahug, may expect a significant jump of 525 percent in his tax dues once the Cebu City Government approves and implements the proposed Real Property Tax (RPT) Ordinance which, its author said, to some extent is based on “subjective” assessments.
The Securities and Exchange Commission (SEC) said it is directing corporations to comply with their reportorial requirements on time, as the agency is set to raise basic penalties on the late and non-filing of reports by as high as 19 times the current rate. The SEC is set to release…
ZENTEK LTD. 24 Corporate Court Guelph, Ontario N1G 5G5 NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS NOTICE IS HEREBY...
THE Securities and Exchange Commission (SEC) has appealed to corporations and associations that have incurred penalties due to the late or non-filing of their annual reports to avail of the amnesty program before higher penalties kick in starting October 1. The agency on March 15 issued SEC Memorandum Circular (MC)…