{"id":9258,"date":"2020-08-22T16:40:57","date_gmt":"2020-08-22T16:40:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=9258"},"modified":"2026-04-24T02:31:29","modified_gmt":"2026-04-24T05:31:29","slug":"ipi-owes-over-us9-4-million-in-taxes","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ipi-owes-over-us9-4-million-in-taxes","title":{"rendered":"IPI owes over US$9.4 million in taxes"},"content":{"rendered":"\n<p>According to a notice from the Department of Finance&#8217;s Division of Revenue and Taxation, the debts go back to 2017.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.- Saipan casino operator, Imperial Pacific International (IPI) owes the islands&#8217; government over US$9 million in taxes, the Department of Finance claims.<\/p>\n\n\n\n<p>According to a notice of tax lien from the Department of Finance Division of Revenue and Taxation in the Superior Court and the District Court, the total debt in unpaid taxes amounts to US$9,416,887.09.<\/p>\n\n\n\n<p>The notice said that since the demand for payment was made, \u201cthere is a lien in favor of the CNMI on all the property and rights to property belonging to the taxpayer for the amount of these taxes and any additional penalties, interest, and costs that may accrue.\u201d<\/p>\n\n\n\n<p>The notice detailed that the casino operator still owes the government US$3.29m from 2017, U$$2.06m from 2018, and for the tax period that ended on December 21 2019 there are debts of US$2.01m and US$2.05m.<\/p>\n\n\n\n<p>IPI also owes the CNMI $25 for a returned check on April 6.<\/p>\n\n\n\n<p>With its casino shut due to the pandemic, IPI requested an abatement from paying its US$15.5 million annual licence fee. However it <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/ipi-served-notice-on-casino-licence\" target=\"_blank\" rel=\"noreferrer noopener\">received a negative response<\/a><\/em><\/strong> from the authorities and is now at risk of losing its licence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to a notice from the Department of Finance&#8217;s Division of Revenue and Taxation, the debts go back to 2017.<\/p>\n","protected":false},"author":2,"featured_media":9260,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Imperial Pacific International (IPI), a Saipan casino operator, faces a US$9.4 million tax lien from the Northern Mariana Islands government for unpaid taxes dating back to 2017. Concurrently, IPI's request for an abatement on its US$15.5 million annual license fee was denied, placing its operational license at significant risk.","focusai_entities":"Imperial Pacific International (IPI), Department of Finance\u2019s Division of Revenue and Taxation, Superior Court, District Court","focusai_location":"Northern Mariana Islands, Saipan, CNMI","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's License Future?","query":"What is the precise timeline and procedural framework for the potential revocation of Imperial Pacific International's gaming license in the CNMI, and what are the immediate operational and financial implications for the jurisdiction?"},{"label":"Regulatory Precedent?","query":"Does the CNMI's denial of IPI's license fee abatement request establish a precedent for regulatory flexibility, or lack thereof, for other operators facing pandemic-related financial distress?"}],"footnotes":""},"categories":[16336,163],"tags":[22674,4024,2895],"class_list":["post-9258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-finance-news","tag-ipi","tag-saipan","tag-taxes"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=9258"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9258\/revisions"}],"predecessor-version":[{"id":9267,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9258\/revisions\/9267"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9260"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}