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Bacolod City, PhilippinesTuesday, March 19, 2013
Tax people to heighten audit
of self-employed individuals

The Finance department has discovered that some lawyers in Bacolod City have paid an income tax of P200, in Pampanga paid P400, and some media practitioners in Quezon City paid P746, all of which are payment for a whole year.

Thus, the government will now prioritize the audit on self-employed individuals by auditing those who have paid income tax of less than P200,000 in recent years.

Internal Revenue Commissioner Kim Jacinto-Henares, in a briefing yesterday, said she has signed a Revenue Memorandum Circular that will prioritize the audit on individuals who pay an average of below P200,000 income tax, whose income tax growth rate is below 35 percent, and whose gross revenues did not increase by more than 40 percent year-on-year.

Farm leader dismayed
over ‘illegal quarrying’

A farm president yesterday expressed his dismay against the government after a quarrying operation was permitted allegedly within their association’s property and with the operators using the name of their land in official documents.

Jerome Ramos, president of Hacienda Esmeralda I and II in Talisay City, yesterday claimed, that a certain Nicolas Solinap applied for a sand and gravel operation at Imbang River, which is among the boundaries of the hacienda using the name of their property without letting them know.

Ramos said their dispute with the quarry operators started in October last year and despite his intentions to stop their work, the other party has continued its operations.

DAR takes over properties

The Department of Agrarian Reform-North headed by Enrique Paderes, Provincial Agrarian Reform Officer II, took over Comprehensive Agrarian Reform Program covered landholdings in Brgy. Jonob-jonob, Escalante City recently, a DAR press release said.

The landholdings were formerly owned by Gerardo Bongco and Francisco Bongco, who voluntarily offered the parcels of land to the DAR, the press release said.

The separate properties measure 58.5048 hectares and 173.8188 hectares with 99 qualified agrarian reform beneficiaries covered, the press release also said.*

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