Archives Section
     
NEWS
Abra
Benguet
Kalinga
Mt. Province
 
OPINION
 

Obituaries
 
Other Links:
Exec denies LGU quarrel over P200 M Philex taxes
Jimmy K. Laking
Business, 4-13-2014


Tuba Mayor Florencio Bentrez last week vehemently denied that the municipalities of Tuba and Itogon were quarreling over the usage of the P200 million business taxes that Philex Mines has agreed to remit as a result of a compromise agreement.

“It was irresponsible and unfounded to say the two towns were quarreling when in fact they were united from the start,” said Bentrez, saying the report appears to be an attempt to drive a wedge between the local government units.

He said both towns were actually finalizing last week a memorandum of agreement that will bind both towns and the mining company for the payment of 50 percent of the P200M agreed upon as soon as possible.

This meant Philex will have to shell out the initial amount of P100M to be divided equally by both towns.

“As agreed upon between the two towns, 50 percent of the initial amount will be used to fund ongoing projects and programs while the other half will have to be paid in cash,” he said.

The two towns have initially billed Philex Mines the sum of P1,361,451 representing business taxes from 2002 to 2011, a move supported by provincial officials, who were unanimous in saying it was an obligation that the mining company must comply with.

A three-cornered negotiation ensued with the two towns and Philex finally settling for a compromise amount of P200M.

But Bentrez said the towns were pressing the company to cough out 50 percent of the amount as soon as possible to expedite ongoing projects and programs, hence the drafting of the MOA.

“There is no reason to delay the remittance of what Philex initially agreed to pay,” he said.

He said the proposed MOA is being drafted by the municipal council of Tuba and will be presented to its Itogon counterpart before it will be presented to the mining company.

The two LGUs have anchored their joint and collaborative effort in collecting the business taxes from Philex on a circular of the Department of Finance.

Both towns have also agreed that the amount to be collected would be divided equally between them.



Looking for other articles? Click here to go back to archive search
 
Charivaried Baguio Heritage Foundation
Editorial Circumstantially Factual
City on a Hill Dateline Baguio
Ethnos Ibaloi G-String
Opposite Connection Commentary
Strike Home City Council
Week's Mail Speaking Out
Animated Me True or False
Snapshots OpEd Cartoon
Plus Juan  

Your Ad Here


Custom Search
Other articles of
April 13, 2014 issue
PDIC assumes function of Gulf Bank in 6 locations
Pros and cons claim victory in SC decision
Farmer hands out cabbage harvest due to low prices
Registration rejected for voided land titles
Suspect in killing of 5 under tight security
City museum sets events to attract more visitors
TESDA opens doors for TWSP applicants
CSC sets training progs for employees of gov’t
Designation of social worker aides in city villages sought
Fariñas designates members of Baguio water resources board
Local peace & order body formed
Bar manager slapped w/ life term for illegal drugs trade
Barangays told to curb illegal constructions
LT mayor asks RDC to restore P2 M fund for BLISTT setup
DSWD–CAR enjoins staff to be more steadfast servants
5 of 15 OOWA–CAR scholars finish college w/ flying colors
POEA intensifies drive vs human trafficking
Filipino community in UK gives back to school children in Tineg
Apayao holds autonomy summit
Benguet dads ask BENECO to look into faulty streetlights
House to implement stricter rules in road status conversion
Nine injured as truck rams into PUJs, motorcycle in LT
Lamut creates DCW board
Ifugao looking for scholars
63 Ifugao families go through 4Ps validation
Bus crash, gov’t–NPA fights cause slump in MP’s tourism
Prov’l School Board allots P2.6 M for education fund
Death due to clashes between Army, rebel forces in MP hit
KOICA gives computer units to school in MP
P166 M worth of road projs in Mountain Province completed
Ambuklao plant passes environment audit
Public–private deal eyed for abandoned PH mines
4 people held for narra logging
MOA to summarize govt’s role in Pulag conservation
Bikers throwing plastics on B’guet–Vizcaya Road hit
Kabayan unveils climb to Mt Al–al
60 youth to explore Busol watershed
Firefighters of Kalinga conduct ‘river watch"
UP, DOH target youth as advocates for health
500 benefit from med mission
3 women in constant search for Samaritans for ailing kin
Ifugao town organizes municipal AIDS council
Advocacy helps in decrease of illnesses
RDC confirmation sought for Asin TF
Banaue dad forms movement for responsible parenthood
DOH gives safety tips for travelers
Media club to choose ‘14 LSVs
21 city war veterans recall ‘Fall of Bataan’
Kalinga recognizes its first Army general
1st Bakun summer event offers ‘climb to remember’, Apr 25–27
Gotad Ad Kiangan offers new and exciting events
DepEd to hold training on Ilokano grammar
MP celebrates as one people with one heritage, direction
Kalinga honors 10 achievers who finished military school
4Ps beneficiaries in MP get P2M for livelihood projects
Kalinga coop noted for phenomenal growth
TESDA to conduct assessment on OFWs
NFA resumes corn acquisition in Kalinga for 2014 cropping
DOLE Kalinga asks partners to submit SPES documents
DA ok’s P94 M aid for Ifugao
DOLE, PESO orient SPES beneficiaries
Group ventures into banana processing
Demo on fish processing part of Lang–ay Festival
Itogon seeks shares from Fire Code fees collection
Village receives sewing machines
Progress expected in MP with hydro plant put–up
WBC Asian Council honors LT promoter
TNF 100 to give P190K cash prizes and tokens to winners
Eddiva vs Brazilian foe in UFC Fight Night 42
Anton clinches top driver plum at 18th AAP awards
Grandpa & grandson top 4th Apache golf division
Zumba practitioners help barangay tanods
Home | About Us | Editorial Policy | Contact Us
News | Opinion | Snapshots | Week's Mail | Obituaries
Copyright © 2007. All Rights Reserved. baguiomidlandcourier.com.ph