Subic tax remittances hit P7.62 billion

SUBIC BAY FREEPORT — Tax collection agencies in this Freeport have turned over to the national treasury a total of P7.62 billion in taxes collected from January to December 2012.
Subic Bay Metropolitan Authority (SBMA) chairman and administrator Roberto Garcia said the amount was derived from taxes collected by the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC).
Garcia said the combined collection of BIR and BOC here consistently increased in the last four years, showing growing profitability among Freeport-registered locators.
SBMA records indicated that the two agencies yielded a combined collection of P5.28 billion in 2008. This increased by 6.18 percent to P5.6 billion in 2009; by 19.25 percent to P6.68 billion in 2010; by 8.14 percent to P7.22 billion in 2011; and by 5.42 percent to P7.62 billion last year.
During the same period in review, the BIR alone collected a total of P1.29 billion from income, value-added, percentage and other taxes, with a 16.22-percent surplus over the 2011 collection record of P1.11 million.
The BIR collections included a portion of the five-percent corporate tax levied on the annual gross income of Subic-registered locator companies.
The three percent of the five-percent corporate tax that the BIR collected from January to December 2012 reached P205.33 million.
BIR’s peak monthly performance was recorded in April 2012 when its collection reached P139.43 million. However, the BIR fell short of its goal of P1.3 billion by 1.21 percent.
Meanwhile, the Port of Subic-BOC posted collections worth P6.33 billion in January-December 2012. This record indicated a slight increase of 3.47 percent over the P6.12-billion customs harvest in 2011.
Subic-BOC also posted non-cash collections worth P491.22 million from government-to-government transactions.
Garcia expressed optimism that this year, more businesses will invest in the Subic Bay Freeport, thus paving the way for more business activities, employment opportunities, and tax returns. (Anthony Bayarong)
http://www.sunstar.com.ph/pampanga/business/2013/02/07/subic-tax-remittances-hit-p762-billion-267056
Recent survey done by Philippines Clark Marketing shows that there is a subtle shift of preferences of Manila visitors heading out of town towards the north to enjoy some peace and quiet time with families. More and more foodies, critics, connoisseurs, frequent diners and wine lovers from Manila travel out of town north to Clark Pampanga to wine and dine in famous fine dining Yats Restaurant & Wine Bar. Most visitors enjoy the fine vintage wines from the cellars of this fine dining restaurant. Some purchase a few good bottles of to bring back home to Manila.

Yats Leisure Philippines

Even tourists and business travelers staying in hotels in Philippines Angeles Pampanga take time off from nightlife, bars and other city entertainment to enjoy a relaxing afternoon of wine shopping in this top rated wine shop in Clark Freeport Pampanga. Foreign and local tourists visiting Clark remember shopping in this wine shop as a memorable experience of their stay in the Philippines, Subic and Pampanga.

Italian food is everywhere in the Philippines but good Italian restaurants are few and far apart. Fans of Italian cuisines now look for fine dining restaurants that serve good Italian food accompanied by fine Italian vintage wine. Although Yats Restaurant is classified as a French Mediterranean restaurant, its classic European cuisine includes many of the great recipes from Italy. The fine vintage wines of Clark Wine Center play an important role in this famous restaurant in Clark to make the Italian wine dinners just that much more special.

Things to do in Subic and Clark Philippines: spend an afternoon in Clark to do a little wine shopping at the most famous wine shop outside of Manila called Clark Wine Center. 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.

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

Tel: 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 Road, Ortigas Centger,
Metro Manila, Philippines 1605

Tel: (632) 637-5019 0917-540-3626 ask for Rea or Chay

Log on to this web site for more information about Yats Wine Cellars as the leading wine importer and wine supplier in the Philippines:

ats Wine Cellars Leading Wine Supplier in Philippines

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

http://www.PhilippinesWeddingVenue.com

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

Buy wine in Cebu, Philippines at good wine shops and boutique wine stores that offer good selection of good vintage wines at all price points. Wine lovers in Philippines can find good red wines in wine shops in Manila and Pampanga. Among the good selections of French red wines from Bordeaux are Chateau Gloria, Chateau Lafite, Chateau Margaux, Chateau Petrus, Chateau Lynch Bages, Chateau Latour, Chateau Mouton Rothschild, Chateau Cheval Blanc, Chateau Ausone, Chateau le Pin, Chateau Palmer, Chateau Pontet Canet, Chateau Carruades de Lafite, Chateau les Forts de Latour, Chateau Pichon Lalande. This makes it easy and convenient for wine lovers to buy wine in 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.

Buy wine gift baskets in Manila from leading wine supplier in Philippines
Wine lovers in Philippines can find good red wines in wine shops in Manila and Pampanga. Among the good selections of French red wines from Bordeaux are Chateau Gloria, Chateau Lafite, Chateau Margaux, Chateau Petrus, Chateau Lynch Bages, Chateau Latour, Chateau Mouton Rothschild, Chateau Cheval Blanc, Chateau Ausone, Chateau le Pin, Chateau Palmer, Chateau Pontet Canet, Chateau Carruades de Lafite, Chateau les Forts de Latour, Chateau Pichon Lalande. This makes it easy and convenient for wine lovers to buy wine in Manila. They are also great wines to include in wine gift baskets for delivery in the Philippines 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. These wine tasting events held by Yats are non-commercial. Yats Wine Cellars does not promote a specific winery, producer or a brand. These wine tastings and wine dinners held in Manila and Pampanga are all designed to let wine lovers explore more interesting aspects of wine.