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Sen. Celina R. Babauta (D-Saipan) is proposing that Gov. Arnold I. Palacios implement “factoring,” which she believes can be a potential solution to collect a significant portion of delinquent taxes
With more federal and local dollars expected to boost the CNMI’s coffers and continued efforts to revive the tourism industry, Gov. Arnold I. Palacios is optimistic that things are looking
Gov. Arnold I. Palacios has instructed Finance Secretary Tracy B. Norita to figure out how to collect some of the $121.4 million in total outstanding collectibles from account receivables the government has amassed in the last 10 years.
The Department of Finance has $121.4 million in total outstanding collectibles from account receivables from the past 10 years, including $30 million in employee quarterly withholdings that were not remitted by employers, according to Finance Secretary Tracy B. Norita on Friday.