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)


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