Equalization Code of the City of Taguig

November 22, 2006TAGUIG CITY ORDINANCE NO. 085-06AN ORDINANCE ESTABLISHING THE EQUALIZATION CODE OF THE CITY OF TAGIG AND CREATING THE BUSINESS TAX EQUALIZATION BOARD OF THE CITY OF TAGUIG AND APPROPRIATING FUNDS THEREOFSponsored by:Coun. Glen N. San Pedro Coun. Arnel M. CeraficaCoun. Henry M. Dueñas, Jr.Coun. Allan Paul C. CruzCoun. Ricardo J. JordanCoun. Elpidio M. JavierCoun. Aurelio Paulo R. BartolomeCoun. Delio J. SantosCoun. Marisse Balina-EronCoun. Baltazar T. MariategueLiga Pres. Conrado C. Aquino, Sr.SK Fed. Pres. Jeffrey B. MoralesWHEREAS, Section 151 of the New Local Government Code empowers cities to levy taxes, fees and charges provided that these levied and collected taxes, fees and charges by highly urbanized and independent component cities shall accrue to them and distributed in accordance with the provisions of the Code;WHEREAS, there is a need to formalize and establish a system in the handling of cases of disputes regarding Business Tax assessments in the City of Taguig;NOW, THEREFORE, BE IT ORDAINED BY THE SANGGUNIANG PANLUNGSOD NG TAGUIG IN SESSION ASSEMBLED:SECTION 1. Title. — This Ordinance shall be known as "THE EQUALIZATION...