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Home Business Business and Livelihood

City honors top 20 taxpayers

Dexter A. See by Dexter A. See
April 10, 2015
in Business and Livelihood
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BAGUIO CITY  – Some 20 corporations and individuals were cited by the city government for being the top real property and business taxpayers for 2014 that contributed in the generation of sufficient resources that could be utilized by the local government to implement priority development projects and improve the delivery of basic services to the city residents.

The top 10 real property taxpayers were Fog Horn Inc. (Azalea Residences) along Leonard Wood Road; City Light Properties Development Corporation, Upper Gen. Luna road; Ayala Land Inc., Pindridge Condominium, Brentwood; Golden Crown Group Realty Inc., Navy Base; Session Brent Property Holdings Inc., Session road; Eurotel Corporation, Abanao Extension; Benguet apartments nad Hotel Inc., Prime Hotel Session Road; Mr. Pter Ng of Hotel Supreme, Magsaysay Avenue; Mr. Alfredo Go of Good Taste, Cariño St; and ER-AL Enterprises Inc., Chapis Village, Marcos Highway.

On the other hand, the top 10 business taxpayers were DHL Global Forwarding Phils., Pilipino Cable Corporation (Sky Cable), Highland Gaming Corporation, Puregold Price Club Inc., Imelda Lao, JARCO realty and Development Corporation, Jollibee Foods Corporation – Legarda Road Branch, Foghorn Inc., Philippine-American Life and General Insurance and Ace Harware, one of the affiliates of SM City Baguio.

Ayala Land Inc. was elevated to the Hall of Fame for having been one of the city’s top 10 real property taxpayers over the past several years while Pilipino Cable Corporation was also elevated to the Hall of Fame after having been consistent as one of the city’s top 10 business taxpayers over the past three years.

Mayor Mauricio G. Domogan commended the city’s top 20 real property and business taxpayers in the city, saying that their significant contributions to the economic growth of the city would be considered a milestone in their operations.

The city mayor cited the example set by the outstanding taxpayers in paying their right taxes to the government should be worthy of emulation by other responsible taxpayers in the city and that it would also be an eye opener for new businesses to pay the taxes due to the local government.

“The city government deeply appreciates the contributions of our taxpayers in sustaining the city’s momentum in economic growth that is why everyone should be responsible taxpayers and have their contributions counted in the robust development of our beloved city,” Domogan said.

He said the city government will continue recognizing the top real property and business taxpayers in a bid to empower local residents and investors to voluntarily pay to the local government the taxes due for the year.

While the citation issued to the top taxpayers is merely in the form of certificates, Domogan stated it is the form of recognition of the city on the important contributions of the taxpayers in the overall economic growth of the city, especially that it has become a center for trade and commerce not only in the Cordillera but also in the entire Northern Luzon area.

By Dexter A. See

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