Tax Waiver for Sugar Mills 1960-1961

Sugar centrals are rehabilitating damaged facilities, including structures for laborers, incurring heavy expenses.
Some mills operate at losses or minimal profit margins, making additional taxes oppressive or confiscatory.

Ormoc Sugar Company, Inc.
- Must continue providing transportation allowances to planters per revised milling contract.
Bogo-Medellin Milling Co., Inc.
- Must continue improvements to increase mill and factory capacity.
- Must maintain the increased planters' participation of 57.5% (including the 1.5% increase since 1952-1953 and escalator clause granting 60% from the 131st milling day).
Asturias Sugar Central, Inc.
- Must continue increasing planters' participation to 57%.
Hind Sugar Company
- Must pay 55% of the equivalent progressive tax to planters as additional benefits.
Central Azucarera del Norte
- Included in the waiver but with no specific additional conditions stated.

The waiver is official and effective as of September 5, 1961, signed by President Carlos P. Garcia.
The waiver serves to alleviate oppressive tax burdens during the difficult post-war recovery and operational conditions of these sugar mills.

The progressive tax in question is governed by section 2 of Commonwealth Act No. 567.
The waiver is conditional, linked to continued benefits or improvements benefiting planters and mill operations.
The action demonstrates executive clemency aimed at supporting vital agricultural industries in recovery.

Continued support and benefits to planters.
Continued rehabilitation and improvement of milling facilities.
Specific percentages of planters’ participation in production proceeds.
Allocation of part of tax relief as direct benefits to planters where applicable.