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DAVRAA 2019 MEDALISTS AND PALARONG PAMBANSA QUALIFIERS

DAVRAA 2019 MEDALISTS AND PALARONG PAMBANSA QUALIFIERS

Presentation of the DAVRAA 2019 Medalists and Palarong Pambansa Qualifiers

The journey to Palarong Pambansa begins after the Department of Education (DepEd) Panabo Division formally presented the DAVRAA 2019 medalists and 2019 Palarong Pambansa qualifiers during the Monday convocation program, February 11 at Panabo City Hall.
Apolinario d. Macabulos, Education Supervisor and Division Sports Coordinator proudly shared the over-all performance of Panabo City’s Banana Magnates in the recently concluded Davao Regional Athletic Association (DAVRAA) Meet on January 27 to February 2.
Garnering 46 gold medals, 42 silver medals, and 54 bronze medals, Panabo placed second in the week-long esteemed sports conclave. But more than the medals, Councilor Emmanuel Pamisaran emphasized the most important award the Panabo City delegation garnered, which is the Most-Disciplined Delegation. Pamisaran said, that this speaks of how Panabo athletes played the game.
Macabulos added that discipline among the athletes was very much apparent as Panabo also placed second in Cleanest Billeting Quarters.

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The Search for the next Munting Binibini Panabo is on!

The Search for the next Munting Binibini Panabo is on!

Qualifications:
– Must be born female
– 5 to 9 years of age as of March 18, 2018
– Resident of Panabo City
– has talent
– with pleasing personality
– with good moral character
– currently studying in school
Requirements:
– filled-out application form (get yours at the City Information Office, 3rd Floor Panabo City Hall)
– NSO Birth Certificate (photocopy)
– 1 Whole Body picture
– 1 Close up picture
– Endorsement from the school where the child is currently enrolled
Application begins on February 5 and ends on February 13, grab your application forms and prepare your requirements for only 10 slots are available for the official candidates for the Munting Binibini Panabo 2018.

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8 TRAIN Tax Reform Items that You Probably Didn’t Know yet

8 TRAIN Tax Reform Items that You Probably Didn’t Know yet

1. Deadline for filing of annual Income Tax Return (ITR)
Before: April 15
Now: May 15

2. Personal and additional exemptions have been removed
Before: personal exemption of P50,000 and additional exemption of P25,000 per qualified dependent
Now: None
3. Tax on lotto winnings and PCSO prizes
Before: Lotto winnings and all PCSO prizes are tax-exempt
Now: all PCSO and lotto prizes are taxed 20% if the amount of the prize or winnings is above ten thousand pesos (P10,000).
4. Tax on stock transactions
Sale of stocks not traded in the Philippine Stock Exchange (PSE)
Before: Tax Rate is 5-10%.
Now: Tax Rate is 15%.
Sale of stocks that are traded in the PSE
Before: Tax Rate is 0.5% of the gross trade amount
Now: Tax Rate is 0.6% of the gross trade amount
5. Documentary Stamps (Doc Stamps) Tax
Before: DST is from ₱0.75 to ₱1.50
Now: DST is doubled at ₱1.50 to ₱3.00
6. Donor’s Tax
Before: The donor’s tax was 2% to 15% if the donor and donee are related, and 30% if the donation was to a stranger.
Now: The donor’s tax was revised to a flat rate of 6% regardless of the relationship between the donor and the donee.
Donations or gifts below P250,000 are tax-exempt. Donations with value of at least P250,000 are taxed using the new rate of 6% on the amount in excess of P250,000.
7. Estate Tax
Before: Under current tax laws, only family homes worth P1 million are tax-exempt.
Now: The estate tax is now a flat 6% rate on the amount in excess of P5 million. Estates with a net value of P5 million and below will be tax-exempt. Family homes that are valued at no more than P10 million will also be exempted.
8. Tax Exempt on 13th Month Pay and Other Benefits
Before: ₱82,000
Now: ₱90,000
For your guidance.
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BUSINESS PERMIT APPLICATION & RENEWAL

BUSINESS PERMIT APPLICATION & RENEWAL

Download the form here https://panabocity.gov.ph/images/Forms/UnifiedForm.pdf

REQUIREMENTS:
A. RENEWAL
1. Previous years Mayor’s Permit/License.
2. Official receipts of payments — 1st to 4th quarters for the preceding year.
3. Special Power of Attorney (SPA) with photocopy of ID of the person authorized to transact and of the taxpayer/applicant.
4. Community Tax Certificate.
5. Income Tax Return and Financial Statements for the preceding year which were filed with the BIR on the current year. For consolidated FS, attach breakdown of gross sales/receipts from other City/Municipality. For Fiscal year FS, attach breakdown of gross sales/receipts from January to December.
6. Barangay Clearance (business located).
7. Market Clearance, if applicable.
8. Assessor’s Certification or Real Property Tax Clearance
9. Other pertinent information and data as maybe required.
B. NEW APPLICANT
1. Lease Contract between the Lessor and the Lessee. If leased, attach Mayor’s Permit registration of the building owner/landlord as a Real Estate Lessor. If owned, transfer Certificate of Title (TCT) or Tax Declaration (photocopy).
2. Business Name Registration with the Department of Trade and Industry (for sole proprietorship/Single Proprietorship)/Certificate of Registration from Securities and Exchange Commission (SEC) or Cooperative Development Authority (CDA).
3. Articles of Incorporation or Partnership (approved by S.E.C.)/ Article of Cooperation
4. Barangay Clearance (business located)
5. Market Clearance, if applicable
6. Real Property Tax Clearance
7. Locational Clearance
8. Special Power of Attorney with photocopy of ID of the authorized to transact and of the taxpayer/applicant
9. Requirements required by law such as:

  1. Certificate of Exemption, if applicable;
  2. Certificate of Good Standing and Good Status from Cooperative Development Authority (CDA) in the case of cooperatives
  3. Certificate of Exemption, if applicable;
  4. Certificate of Good Standing and Good Status from Cooperative Development Authority (CDA) in the case of cooperatives
  5. Health & Sanitary Certificate
  6. Philippine Coconut Authority (PCA) Clearance (coconut lumber only)
  7. Department of Trade and Industry (DTI) Registration (establishments with trade names)
  8. DENR Certification (sawmills, lumber retailers, quarry)
  9. Insurance Commission Permit/Authority (insurance companies only) or Authority to operate an insurance Branch from the main
  10. Office (insurance branches only).
  11. Central Bank Authority/Certification (banks & pawnshops only)
  12. Department of Labor and Employment (DOLE) Authority (recruitment agencies only) of Authority to operate a recruitment
  13. Branch from the main office (branch recruitment agencies only).
  14. Clearance from the Optical Media Board for videograms
  15. BFAD license – for pharmacy / drugstore
  16. POEA license – for employment agencies (overseas)
  17. CHED permit- for Review Centers/Tertiary Learning Institutions
  18. TESDA Permit – Vocational, technical and skills training centers
  19. DepEd Permit – for Elementary and Secondary learning institutions
  20. PNP permit – Security Agency (PSCUCIA National License
  21. DOE License – Gasoline / LPG Dealers and retailers
  22. DOH license – Hospital / Clinical Labs / rehabilitation Center/Clinics
  23. DENR license – Mining Industry
  24. Such other permit or clearances from regulatory agencies not enumerated herein but required by law.
  25. Other pertinent information and data as may be required.

10. Copy of Occupancy Permit.

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BUSINESS PERMIT APPLICATION & RENEWAL

BUSINESS PERMIT APPLICATION & RENEWAL

Download the form here https://panabocity.gov.ph/images/Forms/UnifiedForm.pdf

REQUIREMENTS:
A. RENEWAL
1. Previous years Mayor’s Permit/License.
2. Official receipts of payments — 1st to 4th quarters for the preceding year.
3. Special Power of Attorney (SPA) with photocopy of ID of the person authorized to transact and of the taxpayer/applicant.
4. Community Tax Certificate.
5. Income Tax Return and Financial Statements for the preceding year which were filed with the BIR on the current year. For consolidated FS, attach breakdown of gross sales/receipts from other City/Municipality. For Fiscal year FS, attach breakdown of gross sales/receipts from January to December.
6. Barangay Clearance (business located).
7. Market Clearance, if applicable.
8. Assessor’s Certification or Real Property Tax Clearance
9. Other pertinent information and data as maybe required.
B. NEW APPLICANT
1. Lease Contract between the Lessor and the Lessee. If leased, attach Mayor’s Permit registration of the building owner/landlord as a Real Estate Lessor. If owned, transfer Certificate of Title (TCT) or Tax Declaration (photocopy).
2. Business Name Registration with the Department of Trade and Industry (for sole proprietorship/Single Proprietorship)/Certificate of Registration from Securities and Exchange Commission (SEC) or Cooperative Development Authority (CDA).
3. Articles of Incorporation or Partnership (approved by S.E.C.)/ Article of Cooperation
4. Barangay Clearance (business located)
5. Market Clearance, if applicable
6. Real Property Tax Clearance
7. Locational Clearance
8. Special Power of Attorney with photocopy of ID of the authorized to transact and of the taxpayer/applicant
9. Requirements required by law such as:

  1. Certificate of Exemption, if applicable;
  2. Certificate of Good Standing and Good Status from Cooperative Development Authority (CDA) in the case of cooperatives
  3. Certificate of Exemption, if applicable;
  4. Certificate of Good Standing and Good Status from Cooperative Development Authority (CDA) in the case of cooperatives
  5. Health & Sanitary Certificate
  6. Philippine Coconut Authority (PCA) Clearance (coconut lumber only)
  7. Department of Trade and Industry (DTI) Registration (establishments with trade names)
  8. DENR Certification (sawmills, lumber retailers, quarry)
  9. Insurance Commission Permit/Authority (insurance companies only) or Authority to operate an insurance Branch from the main
  10. Office (insurance branches only).
  11. Central Bank Authority/Certification (banks & pawnshops only)
  12. Department of Labor and Employment (DOLE) Authority (recruitment agencies only) of Authority to operate a recruitment
  13. Branch from the main office (branch recruitment agencies only).
  14. Clearance from the Optical Media Board for videograms
  15. BFAD license – for pharmacy / drugstore
  16. POEA license – for employment agencies (overseas)
  17. CHED permit- for Review Centers/Tertiary Learning Institutions
  18. TESDA Permit – Vocational, technical and skills training centers
  19. DepEd Permit – for Elementary and Secondary learning institutions
  20. PNP permit – Security Agency (PSCUCIA National License
  21. DOE License – Gasoline / LPG Dealers and retailers
  22. DOH license – Hospital / Clinical Labs / rehabilitation Center/Clinics
  23. DENR license – Mining Industry
  24. Such other permit or clearances from regulatory agencies not enumerated herein but required by law.
  25. Other pertinent information and data as may be required.

10. Copy of Occupancy Permit.

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