Capital Investment is the capital which a person employs in any undertaking or which he contributes to the capital of a partnership, corporation, or any other juridical entity or association in a particular taxing jurisdiction. 

Gross sales or receipt include the total amount of money or its equivalent representing the contract price, compensation or service fee, including the amount charged or materials supplied with the services and deposits or advance payments actually or constructively received during the taxable quarter for the services performed for another excluding discounts if determined at the time of sales, sales of return, exercise tax and value-added tax (VAT). 

• For New Business, the applicant can only choose the Annual mode of payment

• For Renewal of Business, the applicant can choose either Annual or Quarterly mode of payment

Yes! You can pay online using your LBP ATM account, Gcash & etc. via LandBank Linkbiz Portal.

The Mayor's Permit shall be granted for a period of not more than one (1) year and shall expire on the thirty-first (31st) of December following the date of issuance unless revoked or surrendered earlier.  Every permit shall cease to be in force upon revocation or surrender thereof. 

The permit issued shall be renewed within the first twenty (20) days of January. It shall have a continuing validity only upon renewal thereof and payment of the corresponding fee. The Sanggunian may, for a justifiable reason or cause, extend the time for payment of such taxes without surcharges or penalties, but only for a period not exceeding six (6) months