ON $2.5M IN UNPAID TAXES
The CNMI government has discharged from tax liens on three parcels of land belonging to Sablan Construction Company Ltd. that were attached to secure the payment of $2.5 million in unpaid taxes.
Department of Finance Division of Revenue & Taxation collection and remittance branch manager Richard F. Santos has informed the U.S. District Court for the NMI about the Commonwealth’s issuance of certificate of discharge of Sablan Construction’s property from CNMI tax liens.
According to the certificate, Sablan Construction is indebted to the CNMI for unpaid taxes in the amounts of $2,285,487.39; $119,286.27; $33,617.30; and $22,813.82, or for a total of $2,461,204.78.
To secure the collection of taxes, the CNMI attached liens on the company’s property consisting of three parcels of land.
In issuing the certificate of discharge, Santos said Finance has determined that the interests of the CNMI in the property is “now worthless.”
No other explanation was included in the certificate of discharge.
In July 2012, the U.S. Internal Revenue Service filed a notice of federal tax lien against Sablan Construction for allegedly failing to pay $89,330.02 in employer’s quarterly federal tax return from 2008 to March 2012.