SM Olongapo is City’s top taxpayer for 2013

April 19, 2014June 1, 2014 Vic Vizcocho 0 Comments

CONGRATULATIONS. SM top the list of taxpayer in Olongapo City for 2013, photo shows SM affiliates from (L-R) SM Appliance Center, Inc., Romel Escasa, store manager of SM Supermarket, Watsons, National Bookstore with Jerry Dy, branch manager of the SM Store, Engr. Bong Garcia, asst. mall manager of SM Olongapo and Vincent Abadillos, Ace Express store manager.(PR-SMOL)

SM City Olongapo was recognized for being the top taxpayer in the city for the year 2013, making it a remarkable benefactor for sustaining, maintaining, and improving the delivery of public services to residents.

Olongapo City Mayor Rolen Paulino presented the plaque of appreciation to SM Asst. Mall Manager Engr. Bong Garcia, SM Department Store Branch Manager Jerry Dy and SM affiliates during the awarding ceremonies held at Rizal Triangle on April 7, 2014.

“It’s a commitment to the local government that we pay our taxes, with this, we uphold our role as a catalyst for economic development,” remarked Engr. Bong Garcia, asst. mall manager of SM Olongapo.

Meanwhile, Jerry Dy , branch manager of the SM Store said, “It’s an honor to be recognized as the number one taxpayer for 2013.” We will continue to be effective and efficient taxpayer of this city.”

In a recent report revealed by the Business Permit and Licensing Office (BPLO) on the top twenty (20) business taxpayers for 2013, the SM group of companies took the first top two spots in terms of taxes paid with The SM Store taking the first spot. Mayor Paulino thanked the business group for honestly paying their taxes and encouraged them to continue to pay their taxes.

Other awardees from SM are Supervalue, Inc.(SM Supermarket), Familyhealth & Beauty Corp.(Watsons), Star Appliance Center, Inc.(SM Appliance), Jollibee Foods Corporation, Ace Hardware Philippines, Inc. and Abacus Book and Card Corporation (National Bookstore)

Other businesses which placed in the top 20 business taxpayers list are Sun Life of Canada (Philippines), Inc., Avon Cosmetics, Inc., Pepsi-Cola Products Philippines, Inc., Arvin Uy Ting, Ajinomoto Philippines Corporation, Marinel Foods Corporation, Philippine Long Distance Telephone Company, Up line Foods Corporation, Colorview Catv, Inc., Young Bing Custodio Chua, Expressions Stationery Shop, Inc., Ascending Ray Corporation, Our Lady of Lourdes International Medical Center Inc. and Lee, Zenaida Go.

In an interview, BPLO head Sandra Ecalnir, claimed the city was able to collect P50M in taxes for last year. She stressed that these taxes will be returned in the form of public service to the people.(PR-SMOL)