Court issues TRO vs new BIR regulation

ANGELES CITY – The Regional Trial Court (RTC) here has issued a 20-day temporary restraining order (TRO) against the implementation of a Bureau of Internal Revenue (BIR) regulation.
The subject of the said regulation is on the tax administration treatment of petroleum and petroleum products imported into the Philippines, including those coming in through Freeport zones and economic zones and registration of all storage tanks, facilities, depots and terminals.
Branch 58 Presiding Judge Philbert Iturralde issued the TRO after finding merit in the petition for prohibition/injunction filed by 1st District Representative Carmelo Lazatin against Finance Secretary Cesar Purisima and BIR Commissioner Kim Jacinto-Henares.
“Respondents (Purisima and Henares) and any of its representatives and/or instrumentalities are hereby enjoined and directed to cease and desist from implementing/enforcing the assailed Revenue Regulation No. 2-2012 for 20 days,” Iturralde said in his decision dated March 16, 2012.
Iturralde also set the hearing for a writ of preliminary injunction on March 21, 2012 for presentation of petitioner’s evidence and on March 29 for respondents’ evidence.
Lazatin has asked the court to resolve the issue involving Revenue Regulation No. 2-2012, which the lawmaker believes contradicts Republic Act 7277, the law that created Subic and Clark Freeport Zones.
Earlier, Lazatin and Tarlac 3rd District Representative Jeci Lapus in a House Resolution have asked the House Committee on Ways and Means to scrutinize the new rules issued by the BIR.
“If Revenue Regulations 2-2012 would not be shelved, it is like authorizing the Bureau of Internal Revenue (BIR) to introduce amendments to Republic Act 7227, which is a clear violation of the 1987 Constitution,” Lazatin said.
The BIR issued the new regulation to combat alleged rampant oil smuggling and ensure that proper taxes are correctly collected from petroleum and other oil products imported into the Philippines, including those coming through Freeport Zones and Economic Zones.
The resolution pointed out that the latest regulation runs contrary to several provisions of RA 7227, especially Section 12 which states that: “the Subic Special Economic Zone shall be operated and managed as a separate customs territory ensuring free flow or movement of goods and capital within, into and exported out of the Subic Special Economic Zone, as well as provide incentives such as tax and duty-free importations of raw materials, capital and equipment”.
“Whereas, if Revenue Regulations 2-2012 is upheld, it will be a dangerous predecent as the BIR can impose taxes on other and all importations by Freeport and Economic Locators,” the resolution stated.
Aside from the collection of oil taxes and duties, Revenue Regulations No. 2-2012 mandates oil companies to apply for tax refunds once they show proof that the imported oil was consumed within the ecozone or exported.
The new regulation also requires oil firms to register all their oil storage facilities within Freeports and economic zones.
RA 7227 provides that in lieu of all taxes, a five percent tax on gross income shall be paid by all registered business enterprises within the Freeport Zone.
The law also states that if an importer is located inside the Freeport Zone, such importation shall not be subject to value-added tax and excise tax. In addition, if the same importer sells such petroleum products within the Freeport Zone, no tax shall be due.

Source: http://www.sunstar.com.ph/pampanga/local-news/2012/03/21/court-issues-tro-vs-new-bir-regulation-212320

Clark Wine Center is more than a wine shop to people living in Pampanga Angeles City Clark Freeport Zone. Clark’s wine shop is also a popular venue for parties and family gatherings. Conveniently located on the main highway of Clark Philippines, it is accessible to guests from Manila, Subic, Pampanga, Angeles City and of course those who live and work in Clark. Aside from the 2-storey wine shop which also has a nice roof deck lawn for small party of up to 80 people as well as an indoor wine tasting room which accommodates up to 60 comfortably, this wine store called Clark Wine Center also has one hectare of picnic grounds surrounding it.

Best birthday gift to send to someone living in the Philippines is a nice bottle of wine from Yats Wine Cellars. Delivery of birthday wine can made to Manila, Angeles City Pampanga, Clark Philippines and Subic.

Wine Shop Manila offers best luxurious beers in Philippines called Vintage Beer.
Birthday gift of wine is the most popular gift idea this year in Philippines. Yats Wine Cellars offers birthday wine gifts that are unique and certain to make the recipient very happy. These birthday wines are not available in wine shops so it is a unique bottle of wine for the recipient.

Things to do in Clark Pampanga: do a little wine shopping at the famous wine shop outside of Manila called Clark Wine Center located inside Clark Freeport Philippines. One of the favorite places to visit in Pampanga Clark Freeport is the white building along M A Roxas highway of Clark which houses over 2000 selections of fine vintage wines. The Clark Wine Center is one of the places to visit, a tourist spot and a good shopping place for those staying in Angeles City, Subic or Clark Pampanga.

This Manila Wine Shop is the largest wine shop in Philippines. This is the wine shop to go for fine vintage wines, not just the big names like Lafite, Latour, Petrus, Cristal, Krug, Grange, Vega Sicilia and Sassicaia. This wine shop in Manila offers many excellent vintage wine for under p4,000, even for some that are 20-30 year old from St. Emilion and Pomerol.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center. Visitors buy wine in Manila and Pampanga should not miss stopping at this wine shop for a few bottles of fine vintage wines to bring home.

http://www.ClarkWineCenter.com

Getting to this wine shop in Pampanga Angeles City Clark Freeport Zone Philippines from Manila
Getting to the Clark Wine Center wine shop from Manila is quite simple: after entering Clark Freeport from Dau and Angeles City, proceed straight along the main highway M A Roxas. Clark Wine Center is the stand-along white building on the right, at the corner A Bonifacio Ave. From the Clark International Airport DMIA, ask the taxi to drive towards the entrance of Clark going to Angeles City. From Mimosa, just proceed towards the exit of Clark and this wine shop is on the opposite side of the main road M A Roxas.

Best place to buy wine in Clark Pampanga outside Manila near Subic and Angeles City Philippines is Clark Wine Center.

Click here to contact Clark Wine Center in Clark Pampanga for inquiries and orders.

Clark Wine Center
Bldg 6460 Clark Observatory Building
Manuel A. Roxas Highway corner A Bonifacio Ave,
Angeles Clark Freeport Zone, Pampanga 2023
0922-870-5173 0917-826-8790 (ask for Ana Fe)

Wine@Yats-International.com

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

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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. Highly recommended fine dining restaurant in Manila for special occasion is Yats Restaurant & Wine Lounge located in the famous Mimosa Leisure Estate in Clark Pampanga. Situated near this popular restaurant in Clark is the Mimosa Golf Course as well as the Mimosa Clark Casino. This top rated restaurant near Angeles City Pampanga in Clark Philippines is frequently used for private parties and corporate functions such as board meetings and other gatherings. It is located in Mimosa Leisure Estate of Clark Freeport Zone. For more information, visit http://www.YatsRestaurant.com

YATS Leisure Philippines is a developer and operator of clubs, resorts and high-class restaurants and wine shops in Clark Angeles Philippines http://www.YatsLeisure.com

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:

http://www.LondonPubClark.com

Besides good restaurants to wine and dine near Manila, Subic or in Angeles City Pampanga, Clark Philippines, those requiring assistance for hotel and resort bookings in Clark, Pampanga, Philippines may log on to http://www.HotelClarkPhilippines.com for more information and reservations.

The lifestyle in Clark Pampanga is quite unique. For more information about shopping, sports, golf, leisure, hotel accommodation, where to see and visit, what to do, where to wine and dine and good places to hang out, relax, have a drink with friends, child-friendly establishments, log on to
http://www.ClarkPhilippines.com

Wine lovers looking for a special bottle or something that is of great value and special discounts might log on to this web site to shop for fine vintage wines
http://www.YatsWineCellars.com

Those visitors who plan to relax and unwind in Angeles City, Subic, Pampanga, Clark Philippines might make an effort to book a room at the famous beach and lake resort Clearwater Resort & Country Club. This famous hotel in Clark Pampanga is frequently visited by families with children looking for a good place in Clark to see, a good holiday destination for the family to relax and unwind in the beautiful outdoor facilities. For more information, log on to www.ClearwaterPhilippines.com