The Caloocan City Updated Revenue Code of 2004

November 23, 2004CALOOCAN CITY ORDINANCE NO. 0386-04AN ORDINANCE ENACTING THE UPDATED CALOOCAN CITY REVENUE CODE OF 2004WHEREAS, major sources of revenues of the City government are derived from the implementation of the 1992 Revenue Code of Caloocan City; and WHEREAS, there is a need to update the above revenue ordinance to cope with the changes brought about by the past years since its enactment and the challenges of the present-day and upcoming time toward a better City of Caloocan.NOW, THEREFORE, BE IT ORDAINED by the Sangguniang Panlungsod of Caloocan City pursuant to the provisions of the 1987 Philippine Constitution, Republic Act No. 7160 and other laws that:TITLE IGeneral ProvisionsThe Code: Policy and InterpretationSECTION 1. Title. — This Ordinance shall be known and cited as The Caloocan City Updated Revenue Code of 2004.SECTION 2. Scope. — This Code shall govern the levy, assessment and collection of taxes, fees and charges imposed by the City government.SECTION 3. Declaration of Policy. — The City government in the exercise of its taxing and other revenue-raising powers shall be governed...