This preview shows page 1. Sign up to view the full content.
Unformatted text preview: account of revenue mobilization through property tax and business tax. It looks into
the structure of taxes as stated in the Code and their implementation in practice. Chapter
five looks at the problems in revenue generation of local public enterprises. Finally, I
summarize the major revenue issues identified in the city of Olongapo and how they relate
to the larger issue of fiscal decentralization in general. 2. FISCAL DECENTRALIZATION IN THE PHILIPPINES In 1991, the Philippines Government passed and incorporated into its constitution
the Republic Act 7160, also known as the Local Government Code (LGC) of 1991. This
chapter lays out the salient features of the Code, specifically those related to fiscal
decentralization. It further focuses on revenue mobilization at the local level. The objective
is to introduce the umbrella under which the study took place, and the prevalent
organizational structure under decentralization. 2.1 Decentralization and Fiscal Decentralization in the Philippines
According to a number of analysts the Philippines 1991 LGC is considered to be one
of the most revolutionary local government reform laws in Asia (McCarney, 1996; Tapales,
1999). The Code gives the local units t...
View Full Document
This document was uploaded on 01/27/2014.
- Winter '13