Cebu City Council Rejects SM Arena’s Tax Exemption Bid
The Cebu City Council has denied a request by SM Seaside Cebu Arena for a five-year exemption from amusement taxes, with councilors citing the possible impact on city revenues and public services. The Sangguniang Panlungsod rejected the request during its regular session on Tuesday, Aug. 18, after Councilor Dave Tumulak, chairman of the Committee on Budget and Finance, moved for its denial. “Granting the request of five years would result […]