The Cebu City Treasurer’s Office (CTO) is bent on collecting from movie houses in the city their unpaid amusement taxes amounting to some P84.7 million.
Acting City Treasurer Tessie Camarillo said they will send demand letters to theater owners anytime soon and ask them to pay their delinquent taxes.
Camarillo said the unpaid balance was accumulated way back in 2009 after the theater owners only paid 10 percent of their amusement tax since then.
”They only paid 10 percent amusement tax because they claim there is a law that they should pay only 10 percent. But our assessment is based on the 30-percent amusement tax so that’s what we will collect. If they can convince us otherwise, then we will make the necessary adjustment,” Camarillo said.
The City Council approved last month an amendatory ordinance that lowered the amusement tax from 30 percent to 10 percent of their gross receipts.