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REPUBLIC OF THE PHILIPPINES

SANGGUNIANG PANLUNGSOD
PASAYCITY

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\ � ORDINANCE NO. sso S, 19996

, \�RDINANCE AMENDING SECTION 37 (d), ARTICLE II, CHAPTER


"- II OF ORDINANCE NO. 241, S. 1994, OTHERWISE KNOWN AS THE
PASAY CITY REVENUE CODE

Sponsored by: Councilors TEODUW R. WRCA, JR


and ROMUW M. CABRERA
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WHEREAS Section 37 (d), Artticlle Il, Chapter Il of Ordinance No. 241, S.
1994, reads as follows:

"Gross sales c ,or Receipt for the preceding calendar year of:

P400,000.00 or less ............ 3%


400,000.00 or more ............. 2%"

WHEREAS, the percentages for FOUR HUNDRED 'fl/OUSAND(P400, 000. 00)


PESOS in said ordinance overlap with one another resulting to confusion on the amount
to be charge for gross sales or receipts for said amount;

WHEREAS, Section 151, Article ill of Republic Act 7160 provides:''that the
rates of taxes that the City levy may exceed the maximum rates allowed for the province
or municipality by not more than fifty percent ( 50%) except the rates of professional and
amusement taxes";

WB�S, Section 37 (d), Article II, Chapter Il of the Pasay City Revenue
Code, particularly with respect to "P400,000.00 or more" exceeded the increase allowed
by Section 151, Article II of Republic Act 7160;

WHEREAS, there is a need to amend the said ordinance in order to conform


·th RA 7160 and to remove the confusion on the overlapping amount ofP400,000.00;

NOW THEREFORE, be it ORDAINED as it is hereby ORDAINED, in session


duly assembled, that:

SECTION 1. Section 37 (d), Article II, Chapter II of Ordinance No. 241, S.-
1994, otherwise known as the Pasay City Revenue Code is hereby amended to read as
follows:

FOR THE PRECEDING YEAR OF:

0,000.00 or less ................ 3%


More than P400,000.00........... l 1/2%"
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