CTA denies Camarines Sur’s petition to continue collecting franchise tax from electric coop based in Naga City

Manila Bulletin

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CTA denies Camarines Sur’s petition to continue collecting franchise tax from electric coop based in Naga City

The Court of Tax Appeals (CTA) has denied the petition of the provincial government of Camarines Sur which sought to continue collecting franchise tax from Camarines Sur II Electric Cooperative Inc. (CASURECO II) based in Naga City.There are four electric cooperatives in Camarines Sur.  The three others are CASURECO I based in Libmanan town, CASURECO III based in Iriga City and CASURECO IV based in Tigaon town.Both Naga City and Camarines Sur ha…