Sunday, August 19, 2012

Rico bill to give 7 years tax holiday for tree planters


tree planting

 By JUNE S. BLANCO


TREE planters should be taxed only when these are being harvested for commercial purposes.

Rep. Erico Aumentado (2nd District, Bohol) introduced House Bill 5461 that aims to allow planters time to grow, nourish and nurture their trees before they are required to pay taxes and fees for them.

In his explanatory note, Aumentado said he observed that the slow reforestation effort on denuded lands is largely due to the lack of incentive from both the national and local governments.

More often than not, he explained, local government units (LGUs) impose high realty taxes on trees as they consider them to be improvement on the taxable land. He said the “exorbitant local taxation” has discouraged land owners from planting forestal or even fruit-bearing trees.

Trees are important, he pointed out, because these serve as flood control;s, typhoon breakers, and in the case of mangroves, tidal buffers which mitigate the impact of tidal action on the shorelines.

Trees also help preserve underground water, ensure the flow to rivers, creeks and streams that feed hydropower and facilities to irrigate rice lands, and in some cases, provide potable water to inhabitants.

Rampant, irresponsible and wanton cutting of trees causing denudation of forest land, private properties, idle lands and watershed areas of the public domain, however, have triggered devastating floods “causing tremendous damage to lives and properties,” Aumentado said.

He quoted internationally renowned architect Felino Palafox Jr. as saying that trees are elements of the environment, major components to flood controls as well as wind and tidal breakers, hence they must be preserved.

But, he said, preservation and reforestation efforts can be encouraged only by providing incentives like the Aumentado measure.

Once approved, his proposed “Tree Planting Seven-Year Incentive Act of 2012” will take effect 15 days after its publication in at least two national newspapers of general circulation.

No comments:

Post a Comment