An Ordinance Enacting the Revised Revenue Code of the Municipality of Carmona, Cavite

December 12, 2016CARMONA MUNICIPAL ORDINANCE NO. 013-16AN ORDINANCE ENACTING THE REVISED REVENUE CODE OF THE MUNICIPALITY OF CARMONA, CAVITEIntroduced by: Hon. Bernie A. Ortiz and Hon. Amable M. LontokEXPLANATORY NOTESWHEREAS, Section 5, Article X of the 1987 Philippine Constitution and Book II of RA 7160, otherwise known as the Local Government Code of 1991 explicitly provide the legal bases and parameters for the taxing and revenue-raising powers of local government units; WHEREAS, the Sangguniang Bayan of Carmona, with the assistance of the Local Finance Committee, is mandated by Sections 132, 316, and 447 (a) 2 (ii) of RA 7160, to enact revenue ordinance and/or formulate/update its own Local Revenue Code;WHEREAS, the Revised Revenue Code of Carmona serves as a guide and a handy reference for local government officials and taxpayers which provides the legal basis for collection of taxes, fees and charges imposed by this Municipality;WHEREAS, the revision aims to optimize higher tax yield from all possible and legal sources to ensure and sustain financial stability, more inclusive growth, and excellent local governance;WHEREAS, after due...