Iloilo City Tourism Code approved-A A +A
Friday, August 16, 2013
THE Iloilo City Council approved the Tourism Code of the city by integrating all tourism-related existing ordinances.
The measures will define broad tourism industry concerns, heritage sites incentives, tourism destinations and recognized programs and events, among others.
Main proponent Councilor Nielex Tupas said the code was completed after months of study and consultations with different stakeholders and other persons involved.
The code recognized the institutionalized Iloilo City Tourism Council and incorporated the local Cultural Heritage Conservation Council by defining local heritage and sites and prescribing its use and conservation.
The structures and priority areas of tourism–oriented industries are to avail of fiscal incentives, such as investments of P5 million, but not less than P20 million for one year incentives; P20 million but not less than P40 million for two years; P40 million to P60 million for three years; and P60 million and above for four years.
The code also defined the reduction of taxes based on gross sales and receipts of the preceding calendar year for new and expanded tourism enterprise.
It is expected to cover the first year of operation by 100 percent, second year by 75 percent, third year by 50 percent, and fourth year by 25 percent.
Tupas said the non-fiscal incentives include assistance in securing additional business permits, access to financial and technical assistance program of the government and service connections with local utilities.
Special permits will also be granted to legitimate tourism activities in tour areas.
Tourism programs and special events, including the district fiestas of Arevalo, Jaro, La Paz, Molo, Mandurriao and the yearly Sinadya sa Suba, are also scheduled. (LCP)