Magalang LGU, GCash sign MOA for payment of business tax

INNOVATION. Magalang Mayor Maria Lourdes “Malu” Paras Lacson (left) is congratulated by Jose Luis Reyes, G-Xchange Incorporation vice president and head of enterprise and public sector, after the signing of the MOA. Joining them are Councilor Norman Lacson, municipal treasurer Raissa Bayani, Tourism Officer and business permits and licensing officer Ryan Miranda and Executive Assistant Pong Lacson. (Joey Pavia)

MAGALANG, Pampanga – The Local Government Unit of Magalang led by Mayor Maria Lourdes “Malu” Paras Lacson and G-Xchange Incorporation recently signed a Memorandum of Agreement (MOA) for the payment of business tax through the company’s widely used mobile wallet GCash.

Joining the woman mayor in the ceremonial signing here are Councilor Norman Lacson, municipal treasurer Raissa Bayani and Jose Luis Reyes, G-Xchange Incorporation vice president and head of enterprise and public sector.

The Magalang LGU is the first among the 19 towns in Pampanga to partner with G-Xchange Inc. for the payment of business tax through Gcash, according to Tourism Officer and business permits and licensing officer Ryan Miranda.

The project with the private firm is part of the plan of Mayor Lacson “to fully computerize” the operations of the LGU by January 2023, he added.

Bayani said those who will pay their business tax will not have to fall in line at the municipal hall and “they could just send their payment while at home using the internet connection.”

“It saves time and money,” she added. “You could also avoid crowded places considering there is still a pandemic.”

Bayani disclosed that there are some 2,200 businesses in Magalang.  He added that they expect to collect P40 million from business tax.

Reyes lauded the Magalang LGU for prioritizing “cashless payments.” He added that they will not charge the LGU “service fee” for using GCash.”

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