What you really need to know about taxes & regulations in Davao City? Davao City follows a tax code based on Republic Act No. 7160, also known as the Local Government Code of 1991.
About Taxes and Regulations in Davao City
Tax Authority
The primary tax authority in Davao City is the City Treasurer’s Office (CTO) [busbureau.davaocity.gov.ph]. They are responsible for the assessment, collection, and enforcement of various taxes, fees, and charges within the city.
3 Types of Taxes
Davao City imposes various local taxes, some of the most common include:
- Business Taxes
These are levied on businesses operating within the city. Rates may vary depending on the type of business and its gross sales or receipts. - Real Property Tax
This is a tax imposed on the ownership of land and buildings within the city. - Income Taxes
While income taxes are collected by the Bureau of Internal Revenue (BIR), a portion of
it goes to the city government.
3 Types of Regulations
Aside from taxes, Davao City also has various regulations that govern different aspects of life and business within the city. These regulations are typically codified in city ordinances, which you can find on the Davao City Government website [busbureau.davaocity.gov.ph]. Here are some examples:
- Zoning Regulations
These regulations define how different areas within the city can be used, such as for residential, commercial, or industrial purposes. - Environmental Regulations
These regulations aim to protect the environment and promote proper waste disposal. - Business Regulations
These regulations cover various aspects of business operations, such as signage, sanitation, and safety standards.
Finding More Information
Here are some resources where you can find more information about taxes and regulations in Davao City:
- Davao City Revenue Code
This code outlines the different taxes imposed by the city government [busbureau.davaocity.gov.ph]. - Davao City Government Website
The website contains information on various city ordinances and regulations https://davaocity.gov.ph. - City Treasurer’s Office
The CTO can provide specific details on tax rates, deadlines, and payment methods. Contact information is available above in the Permits & Licenses section.
This is just a general overview. It’s advisable to consult with a tax professional or the City Treasurer’s Office for specific guidance on your situation.