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Bacolod City, PhilippinesFriday, May 25, 2012
Tax case filed against
local sugar company

The Bureau of Internal Revenue yesterday filed a criminal complaint with the Department of Justice against Jolinecaa Corporation and its president Anecito Campos for their alleged willful failure to pay deficiency taxes for taxable year 2006, a government press release said.

Campos and Jolinecaa allegedly failed to pay the required taxes despite repeated demands, in violation of Section 255, in relation to Sections 253 (d) and 256, of the National Internal Revenue Code of 1997, as amended, the press release said.

The case was filed through the BIR’s Revenue Region No. 12 in Bacolod City under the bureau’s Run After Tax Evaders program. Jolinecaa is a domestic corporation primarily engaged in the molasses trading, it added.

LPG prices slashed
by P1/kg anew

MANILA – Independent retailers of liquefied petroleum gas yesterday slashed product prices by P1 per kilo.

LPG Marketers Association  party-list Rep. Arnel Ty said the P1 rollback would translate into a P11-markdown per tank since a regular cylinder of LPG weighs 11 kilos.

Last May 16, the group, composed of independent retailers of cooking gas, also shed P1 per kilogram off their prices.

LPG/MA member-brands include Island Gas, Regasco Gas, Pinnacle Gas, Cat Gas, M-Gas, Omni Gas and Nation Gas.

Jeepney drivers told:
Comply with fare cut

The Bacolod Land Transportation Franchising and Regulatory Board is reminding jeepney drivers to comply with the fare matrix and avoid overcharging the commuters to avoid penalties.

Lino Gulmatico, LTFRB-Bacolod head, yesterday also asked drivers to remove their notices on the P8 provisional fare increase and collect the P7.50 regular fare rate and P6 for senior citizens, students, and persons with disabilities.

He also reminded drivers who have no fair matrix to get copies from the LTFRB.

Business
ButtonTax case filed against local sugar company
ButtonLPG prices slashed by P1/kg anew
ButtonJeepney drivers told: Comply with fare cut

ButtonMore agri-tourists visit Negros Occ.
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