Parañaque Business Tax
Printing and Publication tax
- Rate. 50% of 1% of the gross annual receipts of the preceding calendar year. For newly started business, the tax is 1/20 of 50% of 1% of the capital investment.
- Exemptions. Books and/or other reading materials prescribed by the Department of Education, Culture and Sports (DECS).
- Time of payment. First 20 days of January of each calendar year, to the City Treasurer.
Franchise tax
- Rate. 50% of 1% of the gross annual receipts of the preceding calendar year.
For newly started business, the tax is 1/20 of 50% of 1% of the capital investment.
If the principal office of the franchise business is located in the city, or in the case of a branch or sales office which commences business operations during the same year as the principal
office which is located in another locality, the paid-up capital stated in the articles of incorporation, or in any similar document in case of other types of business organization,
shall be considered as capital investment. But if the newly-started franchise business is a branch or sales office commencing operations at least a year later than that of the principal
office, capital investment shall mean the total funds of the branch or sales office.
- Exemptions. Franchise business in this statute does not include holders or certificates of public convenience for the operation of public vehicles.
- Time of payment. Payable to the City Treasurer in quarterly installments during the first 20 days following each quarter. In case of a newly-started business, the tax is to be paid
before the business starts to operate.
Professional tax
- Coverage. Professionals who passed the bar examinations, or any board or other examinations conducted by the Professional Regulatory Commission (PRC), and are legally authorized to practice his profession in Paranaque while
maintaining his principal office in the city.
- Rate. PhP 300 per year. A line of profession does not become exempt even if conducted with some other profession for which this tax has been paid.
- Time of payment. On or before the 31st of January of each calendar year.
- A professional who has paid this tax may practice his/her profession in any part of the Philippines without being subjected to any other national or local tax or fee for the practice of such profession.
- The taxpayer has to present his Professional License issued by the PRC before his payment may be accepted.
- Any individual or corporation employing a person subject to the professional tax is obliged to require payment by that person of the tax on his profession before employment and annually thereafter.
Amusement tax on Admission
- Coverage. Proprietors, lesseess, or operators of theaters, cinemas, concert halls, and circuses of amusement.
- Rate. 30% of the gross receipt from admission fees. In the case of boxing stadia, 20% of gross receipt.
- Division of payment. In the case of theaters or cinemas, the tax shall first be withheld by their proprietors, lessees or operators and paid to the City Treasurer before the gross receipt are divided between the said operators
lessees or operators, and the distributors of the cinematographic films.
Annual fixed tax for Every Delivery Truck or Van
- Coverage. Every truck, van or any motor vehicle used by manufacturers, producers, wholesalers, dealers or retailers in the delivery or distribution of distilled spirits, fermented liquors, soft drinks, cigar and cigarettes, and other products.
- Rate.
- Manufacturers or dealers of distilled spirits, fermented liquors, soft drinks, cigar and cigarettes, delivering or distributing their products to sales outlets, or selling to consumers whether directly or indirectly - P700.00 per truck or van.
- Manufacturers or dealers in products other than the above commodities, delivering or distributing their products to sales outlets, or selling to consumers whether directly or indirectly - P500.00 per truck or van.
- Exemption. The manufacturers, producers, wholesalers, dealers or retailers mentioned in this section are exempted from paying the peddlers' tax in the sale of any merchandise or article of commerce impassable by the city.
- Time of payment. First 20 days of January of each calendar year, to the City Treasurer.
Graduated tax on Business
Mayor's Permit fee on Business
