No amusement tax  collection in Mandaluyong for the next 3 years
OpinYon Metro

No amusement tax collection in Mandaluyong for the next 3 years

Feb 7, 2024, 1:57 AM
OpinYon News Team

OpinYon News Team

News Reporter

IN what appears to be an earnest contribution to help revive the local film industry, the Mandaluyong City council enacted an ordinance temporarily suspending the collection of amusement taxes for local films shown in the city.

Shortly after signing the city ordinance, Mandaluyong Mayor Benjamin Abalos Sr. cited the need for other local government units to do its part if only to ensure the local film industry does not succumb to the modern-day technology which made movies readily available in hand-held gadgets like cell phones.


“The City, as a form of support to the local film industry, has reduced or temporarily waived amusement taxes imposed upon particular film and movie producers and theatre operators within the City for numerous instances and on a case-to-case basis, evidencing its genuine intent to aid, assist, and provide means to the Philippine movie industry in achieving its highest artistic and financial potentials;” the ordinance said.


“The assessment, collection, and payment of the 10% amusement tax for the exhibition of all locally produced films and movies is hereby suspended for a period of three (3) years commencing on the date of this Ordinance’s effectivity, subject to all laws and existing legal rules and regulations,” it added.

#OpinYonMetro #Tax #Mandaluyong #AmusementTax #OpinYon #WeTakeAStand



More about OpinYon Metro

Relying on Luck

Relying on Luck

a week ago

We take a stand
OpinYon News logo

Designed and developed by Simmer Studios.

© 2024 OpinYon News. All rights reserved.