The U.S. Department of Labor and the CNMI Department of Finance have come to an agreement that the consent judgment filed by the former against Imperial Pacific International Holdings, Ltd and Imperial Pacific International (CNMI), LLC will take precedence over the tax lien filed by the latter.<\/p>\n
In a stipulation submitted to the U.S. District Court for the NMI, the two parties came to an agreement\u2014without going through a formal process of adjudication\u2014that the CNMI Department of Finance\u2019s tax lien against IPI and IPIH will be subordinate to the consent decree claim of USDOL.<\/p>\n
Prompted by the stipulation, U.S. District Court for the NMI Chief Judge Ramona V. Manglona issued an order yesterday reflecting this, saying that the CNMI\u2019s claims and liens against IPI, IPIH, and IPIH chair Cui Li Jie are subordinated to the USDOL secretary\u2019s claim against them in the amount of $1.5 million.<\/p>\n
\u201cThis amount of the [U.S. Labor] secretary\u2019s claim will be prior to and superior to the Commonwealth\u2019s claims and liens,\u201d said Manglona.<\/p>\n
Last March 23, the court ruled in favor of USDOL over Finance, through Richard Santos, Revenue and Taxation Collection & Remittance Branch manager, who filed the tax lien against IPI in federal court last August 2020 for allegedly failing to pay $9,416,887 in Business Gross Revenue Tax for the tax period in 2017 to 2019.<\/p>\n
\u201cThere is a lien in favor of the Commonwealth of the Northern Mariana Islands on all property and rights to property belonging to the taxpayer for the amount of these taxes and any additional penalties, interest, and costs that may accrue,\u201d said Santos last August 2020.<\/p>\n
As of press time, there was no official court document if the appointed receiver, Joyce Tang, has taken action against IPI or if the receivership has been extended again.<\/p>\n
IPI has funds for payroll<\/strong><\/p>\n In its 10th status report last March 22, IPI said it has sufficient funds to cover the payroll for this Friday. IPI said there are no new repatriations and construction work at Imperial Pacific Resort in Garapan remains suspended.<\/p>\n","protected":false},"excerpt":{"rendered":" The U.S. Department of Labor and the CNMI Department of Finance have come to an…<\/p>\n","protected":false},"author":33,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[900],"tags":[12497],"class_list":["post-340836","post","type-post","status-publish","format-standard","hentry","category-featured","tag-ipi"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/340836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=340836"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/340836\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=340836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=340836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=340836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nAdditionally, IPI\u2019s employee housing still has power and food services continue without interruption for all H-2B workers.<\/p>\n