It is more fun criticizing
A large mining company has been flagged by a former DOF official not paying the said amount? Why because from
PD 972 to the RA 109631 (Section 151). The said law does not contain
repealing provision (The official surmised that a corrupt official had the
boiler plate provision usually placed in legislation had this provision removed Can we amend the to regularize the law)
Section 48. Section 151 of the NIRC, as amended,is hereby further amended to read as follows:
"Sec. 151. Mineral Products -
"(A) Rates of Tax. - There shall be levied, assessed and collected on minerals, mineral products and quarry resources, excise tax as follows:
"(1) On domestic or imported coal and coke, notwithstanding any incentives granted in any law or special law:
"Effective January 1, 2018, Fifty pesos (₱50.00) per metric ton;
"Effective January 1, 2019, One hundred pesos (₱100.00) per metric ton; and
"Effective January 1, 2020, One hundred fifty pesos {₱150.00) per metric ton.
"(2) On all nonmetallic minerals and quarry resources, a tax of four percent (4%) based on the actual market value of the gross output thereof at the time of removal, in the case of those locally extracted or produced; or the value used by the Bureau of Customs in determining tariff and customs duties, net of excise tax and value-added tax in the case of importation.
"x x x:
That is a lot of money Perhaps if the said company believed in
nation building and its leader should think that we actually own nothing and we are simply
stewards of Gods creation then that taxes should be paid Some rabbi say that doing this runs counter to the Lords intention and whatever the companyowns may be taken away. It is truly right and just. Some of the leaders of the company are our friends.
In the GSB we were taught that cheating the people and govt of taxes is not the right way to earn money. Or underpaying suppliers and workers
(the legislator may have been rewarded well to have the repealing clause deleted
