Subic locators cry foul over new BIR order

SUBIC BAY FREEPORT, Philippines – Locators inside this Freeport, headed by Subic Bay Freeport Chamber of Commerce (SBFCC) President Danny Piano, protested the new Bureau of Revenue (BIR) order implementing taxes on oil products here.
This after the BIR issued last week Revenue Regulation-2-2012 that would tax oil companies even those inside the Freeport zones starting next week.
The BIR however noted that it would be refunded if buyers can show proof that the oil products were consumed inside the Freeport.
The order was setup to curb reported oil smuggling inside the Freeport of the country.
“In light of reported rampant smuggling of petroleum and petroleum products resulting to substantial revenue losses, it becomes mandatory for the government to immediately implement corrective measures to stop this activity in order to ensure the collection of correct taxes,” the BIR state.
But Piano explained that Subic Freeport is operated and managed as a separate customs territory under Republic Act 7227.
“I think it is questionable that a mere government agency regulation can override a law legislated by the Philippine Congress.” Piano said.
Piano further explained that the regulation, while targeting importers, will eventually affect and inconvenience all locators.
This is because of the provision that “no claim for refund shall be granted unless it is properly shown to the satisfaction of the BIR that said petroleum or petroleum products have been sold to a duly registered locator”, according to Piado.
“It is very disconcerting that investors and locators are the ones who will be penalized and forced to take the brunt of additional bureaucracy when the solution to the problem simply lies in government agencies doing their jobs,” Piano added.
“We appeal to Finance Secretary Cesar Purisima and BIR Commissioner Kim Henares to rescind RR 2-2012, and to our legislators and President Aquino to repeal this overreaching and burdensome regulation.” Piano said.

http://www.philstar.com/nation/article.aspx?publicationSubCategoryId=200&articleId=784723

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Manila wine and food lovers looking for things to do in Pampanga and Manila can consider attending one of these wine events. Leading Philippines wine supplier and wine importer Yats Wine Cellars frequently hold public wine tasting in Clark, Pampanga and Manila.

Manila wine and food lovers looking for things to do in Pampanga and Manila can consider attending one of these wine events. The best way to learn more about wine in the Philippines is to attend public wine tasting events that have no sponsors.

If you are thinking of buying wines to give as gift in the Philippines, then contact Yats Wine Cellars now because they offer special vintage wines suitable as gift at all price points. Since most of these wines are not available in Manila, these wine gifts are excellent choices for corporate gifts as well as wine gifts for personal and social purposes.

Each year in February the Philippines hot air balloon festival returns to Clark Pampanga. Visitors planning to attend this popular event in Clark opt to stay in Clearwater Resort which is considered to be the best hotel in Clark Philippines. This hotel in Clark is also a favorite holiday destination near Manila during Holy Week, Easter, Christmas and New Year holidays also. This hotel in Clark is also one of the best resorts near Manila for families to relax, unwind and enjoy the outdoor facilities of this popular resort in Clark Philippines. Even during school breaks, families would take their children to enjoy the outdoor facilities of this popular resort in Pampanga which is located quite near to Manila.

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For reservations, comments and inquiries,

Clearwater Resort & Country Club
Creekside Road corner of Centennial Road,
Central Business District, Clark Freeport Zone,
Pampanga, Philippines 2023

Tel: (045)599-5949 0917-520-4403 0922-870-5177

Manila Sales Office
3003C East Tower, Phil Stock Exchange Center,
Exchange Rd Ortigas Metro Manila, Philippines 1605
(632) 637-5019 0917-520-4393 Rea or Chay

http://www.ClearwaterPhilippines.com

Email: Inquiry@ClearwaterPhilippines.com

Getting to this hotel in Clark Philippines
After entering Clark Freeport from Subic, Manila, Dau and Angeles City, proceed straight along Clark’s main highway MA Roxas, passing Clark’s largest wine shop called Clark Wine Center on your right, continue to bear right making no turns at all, go past Mimosa Leisure Estate on the opposite side of the road, you will hit a major intersection. Go straight and the road becomes Creekside Road. YATS Clearwater Resort and Country Club is on your right just 200m down. Traffic in Clark Philippines is light so it should be quite easy for get to this hotel in Clark Philippines.

For inquiries and bookings, click here to contact Clearwater Resort now

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While in Clark, it might be a good idea to enjoy an evening of wine-and-dine in the fine dining Yats Restaurant and Wine Bar that features an award winning 2700-line wine list. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

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While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.
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Looking for famous tourists spots, places to visit and see, relax and unwind in Clark, Pampanga, Philippines? You may want to check out these sites also:

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