CTO hopes to collect more amusement tax
CTO hopes to collect more amusement tax
DAVAO CITY- Lawyer Lawrence Bantiding, City Treasurer’s Office head here said his office has projected more amusement tax collections this year following the lifting of restrictions related to the Covid-19 pandemic.

Bantiding said that the opening of amusement places is expected to bring more revenues to the city's coffer. 

“The amusement establishments (are expected to open) marami po ngayon considering that during the height of the pandemic, may mga restrictions, the amusement places are not allowed. We are hoping this year na rarami po yun,” Bantiding said in a report from the City Information Office (CIO).

For 2020, the amusement taxes collected by the city did not reach P200,000 but as of November 2022, they collected P15 million.

“We are hoping that this year mag-double tayo (We are hoping that this year we can double the collection,” Bantiding said.

He sees the upcoming big events like Ironman and Mice Con in the city this year, to generate more revenues.

"These events have a domino effect when it comes to our establishments. To those events na namention nyo, ang mga hotels, restaurants, mag-iincrease din yung income nila, consequently, lalaki din ang ma-dedeclare nila na gross sales," he said.

Atty. Lawrence Bantiding

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