Tax a Lot!

It feels good to be proved right. In a letter dated March 2, 2000, the Municipality of Pagbilao assessed Mirant’s real property taxes on the power plant and its machineries in the total amount of P1, 538,076,000.00 for the period of 1997 to 2000. We know there was something amiss when the provincial government under [...]

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A CON JOB IN QUEZON, part 3

We are now also drafting another supplemental letter to the Board of Directors of DBP informing the bank that the Suarez Family is also the owner of Suarez Agro-Industrial Development Corporation. Suarez Agro-Industrial Development Corporation entered into a Contract of Lease with DBP over an acquired asset (ice plant) located in Brgy. Biyan, Calauag, Quezon.  [...]

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