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Tax exemptions for computers removed

Gov. Ralph DLG Torres signed into law late last month a bill to remove the tax exemptions for personal and office computer products. The bill also authorizes the secretary of the Department of Finance to classify new products for taxation purposes. House Bill 19-115, now Public...
Posted On Jun 08 2016 06:00
, By Dennis B. Chan
0

House yanks back controversial sugar bill

The House of Representatives voted unanimously yesterday to recall a controversial bill to tax sugar-sweetened beverages, powders, and syrups from the desk of Gov. Ralph DLG Torres. Torres had until June 11 to veto or approve the bill before automatically becoming law. All 17...
Posted On Jun 08 2016 06:00
, By Dennis B. Chan

Solution to make up for casino license fee shortfall in fifth year eyed

Rep. Joseph P. Deleon Guerrero (Ind-Saipan) wants to make sure there are funds to make up for Saipan casino license fee funds that were earlier advanced. Saipan casino law provided that the initial license fee payment would cover the first and fifth year of license fees. However,...
Posted On Jun 07 2016 06:06
, By Dennis B. Chan

Torres vetoes change of expenditure authority for solid waste funds

Gov. Ralph DLG Torres has vetoed a bill that would have designated the mayors of Rota and Tinian as the expenditure authority for the solid waste funds for their respective island municipalities. Currently, the secretary of the Department of Public Works is the expenditure...
Posted On Jun 07 2016 06:06
, By Dennis B. Chan
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//Dennis B. Chan

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