Casecnan firm gets 20-day reprieve from paying taxes

  • February 13, 2017
  • Ben Moses Ebreo

BAYOMBONG, Nueva Vizcaya, Feb. 13 (PIA) – Casecnan Water & Energy Company, Inc.(CECWECI) recently secured a 20-day Temporary Restraining Order (TRO), stopping Alfonso Castaneda town’s order to settle their unpaid Real Property Tax arrears.

 

CWECI earlier sought the TRO after Alfonso Castaneda mayor Jerry Pasigian notified erring business establishments in the municipality to settle their unpaid RPT or face closure order and stop their operations.

 

The TRO, which was issued by Judge Jose Godofredo Naui of RTC branch 37, took effect on January 31 to February 19.

 

CWECI, a subsidiary of Berkshire Hathaway Energy Co. and operator of the Casecnan Multi-Purpose Irrigation and Power Project(CMIPP), siphons water from the Taan and Casecnan rivers in Alfonso Castaneda town through a 26-kilometer diversion tunnel to the Pantabangan Dam in Nueva Ecija.

 

It irrigates at least 200,000 hectares of farmland in Central Luzon and western part of Pangasinan using the water sourced from the provinces of Nueva Vizcaya and Quirino.

 

Pasigian said CWECI was advised to pay its P1.7 billion RPT arrears to the provincial government before their business permit will be renewed for this year but refused, citing the provisions of the Executive Order 173 issued by former President Benigno Simeon Aquino III.

 

The EO required the reduction and condonation of RPTs and interest/penalties assessed on power generation facilities of independent power producers under the Build-Operate-Transfer contracts with government owned and controlled corporations.

 

“We are now coordinating with the provincial government through the Provincial Legal Office (PLO) for the preparation of our Motion for Reconsideration,” Pasigian said. (ALM/BME/PIA 2-Nueva Vizcaya)


Other News

Medium-term fiscal program to sustain the PH economy's growth momentum
  • May 27, 2017
MANILA, May 27 -- From 2017 to 2022, the government will embark on an expansionary fiscal policy to finance the country’s development priorities, boost economic growth, and ultimately achieve the administration’s objectives of rapid poverty reduction. The expansionary fiscal policy will be characterized by increased government spending, particularly on public infrastructure and social services. This fiscal strategy will be made possible by maintaining the deficit-to-GDP ratio at 3 percent while improving revenue effort through tax policy and tax administration reforms. The deficit wi...Read more
DSWD provides relief aid to families displaced by Marawi siege
  • May 27, 2017
QUEZON CITY, May 27 -- The Department of Social Welfare and Development (DSWD), through its concerned Field ​Offices​ (FOs)​ in Mindanao, has started to provide relief assistance today in the form of family food packs (FFPs) and food and non-food items (FNFIs) to families affected by the ongoing armed operation in Marawi City, Lanao del Sur between the Armed Forces of the Philippines (AFP) and members of the Maute Group and Abu Sayyaf Group (ASG) who have pledged allegiance to the international terrorist group, Islamic State of Iraq and Syria (ISIS). DSWD FO in Region XII will delive...Read more
President Duterte issues E.O. 25, renames 'Benham Rise' to 'Philippine Rise'
  • May 27, 2017
TAGUIG CITY, May 27 -- On 16 May 2017, President Rodrigo R. Duterte issued Executive Order No. 25 (E.O. 25) which effectively changed the name “Benham Rise” to “Philippine Rise.”   The Philippine Rise is an undersea feature, east of Luzon island. The shallowest part, which is the Benham Bank, is less than 50 meters deep. It is connected to the Luzon margin through the Palanan and Bicol Saddle. Section 2 of the said E.O. states that, the National Mapping and Resource Information Authority (NAMRIA) shall henceforth produce maps and charts, and indicate the name “Philippi...Read more
PIA brings ASEAN info in land transport terminals
  • May 27, 2017
  DAVAO  DEL  NORTE, May 26 (PIA)- Public transport terminals are also spaces for dissemination of information about the relevance of the Association of Southeast Asian Nations (ASEAN).   Having this in mind, Regional Director Efren F. Elbanbuena of the Philippine Information Agency (PIA) XI  brought the PIA Information Kiosk at the public land transport terminals in the City of Panabo and in the Municipality of Carmen in Davao del Norte.   Attending  the PIA Info Kiosk opening in Carmen,  Elbanbuena explained that PIA aims to conduct a far-reaching advocacy about the ...Read more