Cebu City daily tax collection down to P100,000 from P12 million before lockdown: mayor

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Cebu City daily tax collection down to P100,000 from P12 million before lockdown: mayor
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Watch also in iWant or TFC.tv The coronavirus lockdown of Cebu City brought down its daily collection of real property and business taxes to P100,000, Mayor Edgardo Labella said Thursday.

Home to 1 million people, the trading center and port city used to collect P10 million to 12 million a day in taxes before the lockdown in March, he said. Duterte from June 16 placed the urban center under enhanced community quarantine which limits economic activity to utility services, food, water and other essential sectors. He announced Tuesday that the city will remain under ECQ, the strictest of 4 lockdown levels, until July 15.

The lockdown prevents Cebu City, a gateway to other tourism spots in the Visayas, from opening its port to travelers, said Labella. The mayor said he asked for a report on losses from business chambers that complained they were "hurting" under the quarantine.

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