Minddanaotoday.com | Uy mulls tax perks for Oro biz owners
By: Franck Dick Rosete
CAGAYAN DE ORO CITY – Mayor-elect Rolando “Klarex” Uy announced Sunday, June 26, he is considering giving tax incentives to business owners and prospective investors once he assumes office noontime on June 30, 2022.
Uy said he will start his plan after the first day of the session of the new city council to determine the councilors who will hold the different committees.
The outgoing congressman took his oath of office as the city’s local chief executive right after the holy mass at the city amphitheater Sunday morning.
For the business sector, the mayor-elect has made a promise to do his best, with the help of the city council for not implementing an increase nor additional tax.
Uy also wanted to ask for help from the city council in providing incentives for the new investors in the city and providing discounts for those business owners who would pay their real property tax or business tax in advance.
This, he said. is to boost the economy and encourage every business in the city to pay their taxes.
Aside from that, Uy also wanted to condone the unpaid payables of the stall holders in the different public markets in the city so that they can start for a new contract.
For the transportation sector, Uy wanted to ask the city council to reduce the fine for the drivers as part of helping them in their daily needs.
“I will ask the city council and I hope they will help and allow me to help our people. I will also assure you that the government is always open to listen and to help the people who are in need,” Uy expressed in vernacular.
In a press conference after the inauguration, re-elected second district councilor Ian Mark Nacaya told reporters that there might be no opposition as to the economic recovery plan articulated by Uy.
“I think there might be no opposition if the mayor’s direction would be not implementing an increase to the real property tax or business tax because that is for the people who are experiencing problems even if they are businesspeople,” Nacaya said in vernacular.
He has also seen no opposition coming from the members of the city council from different political parties for as long as the direction is to support the different sectoral groups.
“I think there might also be no opposition even if they are from different political parties if the direction is to support the sectoral groups such as transportation, PWDs, social services as well as other programs,” Nacaya said.
Uy stressed the importance of helping the business sector as it would boost the city economy and could help unemployed people to find jobs.
The newly-elected city officials will officially assume their respective positions by 12:01 p.m. on June 30.
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