12202014Breaking News:

Class suit eyed vs Aneco

By BEN SERRANO Correspondent

 BUTUAN City––Consumers yesterday threatened to file a class suit against the Agusan del Norte Electric Cooperative (Aneco) if it insists on imposing taxes on them.

Aneco is the sole power distributor serving 86 barangays here and 10 towns and another city in Agusan del Norte.

The cooperative collects local franchise tax and various value-added taxes from consumers.

Councilor Sergio Pascual and other consumers Pascual told radio station DxBC that if Aneco insists on collecting from them taxes despite a certificate of tax exemption issued by the Bureau of Internal Revenue (BIR), they would organize and file a class suit against the cooperative.

On Nov. 10, 2011, the Cooperative Development Authority (CDA) issued a certificate of registration to Aneco, prompting the BIR to grant a tax exemption.

BIR said that as a cooperative under CDA, consumers, who are cooperative members, are entitled to tax exemptions based on the Cooperative Code.

But Aneco, according to Pascual, has continued to collect taxes from the consumers despite BIR certification.

He said Aneco should explain, and consumers should be given a refund.

Aneco finance department assistant manager Elren Burnea said Aneco would issue an official statement soon, particularly on calls for an investigation in the city council.

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