New BIR move on sugar
‘double taxation' - SRA
BY CARLA GOMEZ
Sugar Regulatory Administrator Ma. Regina Martin said yesterday that the SRA is carefully studying the effects of the recently issued Revenue Regulations No. 6-2015 of the Bureau of Internal Revenue, as the imposition of Value Added Tax on raw sugar and refined sugar appears to be a form of double taxation.
A singular production line, from sugarcane to raw sugar to refined sugar is subject to the same tax twice from the same agency, she said, of the RR issued on March 31.
2 more districts
BY GILBERT BAYORAN
Three more to go.
Local government executives of the second and third districts of Negros Occidental, in concurrence with the Philippine Army, declared yesterday their areas as “peaceful and ready for further development”
The declaration and signing took place during the Provincial Peace and Order Council meeting held at the Business Inn Hotel in Bacolod City, that was presided over by Gov. Alfredo Marañon Jr. and Brig. Gen. Jon Aying, commanding general of the 303rd Infantry Brigade.
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Canadian Ambassador to the Philippines, Neil Reeder, informed Negros Oriental Gov. Roel Degamo that the province will be a beneficiary of the Local Governance Support Program for Local Economic Development, of $18 million, funded by the Canadian government to support its tourism industry.
Reeder met with Degamo at the provincial capitol building in Dumaguete City last week as part of his sorties in the Philippines, especially in provinces to be benefitted by the program, to further foster Philippine-Canadian relationship in terms of trade and investments, immigration, tourism industry, and environment.