As can be seen from the assessment of olongapo city

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Unformatted text preview: lied uniformly may not be able to deal with differences across cities. Furthermore, creating Codes is not enough. Without incentives and local initiative little can be implemented. For instance, the Code lays down the provision for co-operation between barangays and the City for collection of property tax, but little use is made of this arrangement in Olongapo. Main Recommendations Olongapo has a strong tertiary sector and therefore should put emphasis on business tax and licensing on service and commercial activities as the main source of revenue generation for the City. Furthermore, in comparison to property tax, business tax is a more buoyant and an elastic tax base. The downside of utilizing business tax is that a substantial amount of the tax can be passed on to the community or evaded, which calls for innovative local approaches by the City to dissuade the inefficiencies and administrative short comings linked to the business tax. For instance, since the City envisions complementing the development in the Subic Freeport Zone by attracting visitors, it can differentiate its businesses that cater to local...
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