Look: Duterte administration to collect more than P100 Billion worth of taxes from Hacienda Luisita Inc.? - PilipiKnows

Look: Duterte administration to collect more than P100 Billion worth of taxes from Hacienda Luisita Inc.?

Days back, news about the P6 Billion worth of installment for the unpaid assessments by the Philippine Airlines (PAL) multiplied. This specific accomplishment under the administration of President Rodrigo Duterte is all that could possibly be needed to legitimize that the organization is working viably and proficiently towards the improvement of the nation and the welfare of the Filipino citizenry.

All the more significantly, the Bureau of Internal Revenue (BIR) through its officer Teodoro Pancho, uncovered that the administration will undoubtedly gather more than P100 Billion worth of unpaid charges from tremendous business partnerships and associations. One of which is the disputable Hacienda Luisita Inc.

This reality has been uncovered by Eric Clark Su who, in his as of late distributed Facebook post, nitpicked on certain historocal accounts identified with the Hacienda Luisita discussion.

"The government of President Rodrigo Duterte is eyeing to collect more than ₱100 billion of unpaid taxes from big corporations that left unpaid for more than three decades, Bureau of Internal Revenue (BIR) officer Teodoro Pancho said on Friday after the Philippine Airline (PAL), settled its ₱6 Billio tax arrears." Su initiated.




Quoting Pancho's statement, Su pointed out that Hacienda Luisita Inc. has long failed to pay taxes to the government starting from 1986 when Cory Aquino assumed presidency.

"Pancho said BIR is expected to collect at least ₱27.3 billion this year and the big part of it will be collected from the controversial Hacienda Luisita Inc., which has not been paying taxes since 1986 – the year former President Corazon “Cory” Aquino took over the Malacañang palace. The 6k+ hectare plantation id owned by the Cojuanco-Aquino family." Su added supplementally.


With most extreme desore to give his readers an on pointam and relative foundation of the Hacienda Luisita issue, Su composed intricately:

"Hacienda Luisita is a sugar estate situated in the territory of Tarlac, Philippines, that was purchased by the Cojuangco family from the Compañía General de Tabacos de Filipinas.

The hacienda traverses different regions in the territory, including the capital Tarlac City. The home's incorporators, who control 70 percent of Hacienda Luisita's stock offers, are Pedro Cojuangco, the offspring of Josephine C. Reyes, Teresita C. Lopa's beneficiaries, José Cojuangco, Jr., and María Paz C. Teopaco, all kin of the late previous President Corazón C. Aquino who, on the day she progressed toward becoming President of the Philippines, handed down her offers to her kids and the Daughters of Charity and other non-benefit associations for expect that it would be utilized as political promulgation.

The rest of the 30 percent of the stock offers was given to cultivate laborers under the Comprehensive Agrarian Reform Program's stock conveyance alternative plan." Su finished informatively.

Source: Erick Clark Su
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Look: Duterte administration to collect more than P100 Billion worth of taxes from Hacienda Luisita Inc.? Look: Duterte administration to collect more than P100 Billion worth of taxes from Hacienda Luisita Inc.? Reviewed by Amyezra on 8:55 PM Rating: 5

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