City honors big firms, vendors for paying most taxes

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Wednesday, December 5, 2012

CEBU CITY Mayor Michael Rama is appealing to taxpayers to continue paying their taxes diligently to further improve the city.

At the same time Monday night, the City Government recognized its top taxpayers.

“Taxes are the lifeblood of the government… Our administration highlights our vision, which is to make the city livable and it can only be possible with your help,” the mayor said, addressing the taxpayers.


Rama then assured taxpayers that what they pay will be given back to them through better delivery of basic services.

“Not a single centavo of what you pay in any transaction will end in my pocket and hopefully not in any pocket of the people of City Hall,” he added.

To make it easier for business establishments and the private sector to transact business with the government, Rama then said the City will streamline requirements, particularly in getting permits.

On Monday night, the City Treasurer’s Office recognized the top 20 real property taxpayers, top 20 business taxpayers, and the top five Peza-registered taxpayers for 2011 during the awards night at Marco Polo Hotel.

Vendors, contractors

The City also awarded the top five taxpayers among market vendors and fish vendors, top five barangays for north and south districts with high tax collection and the top five contractors of the City for infrastructure projects. It also gave recognition to top five taxpayers with the highest social amelioration tax collection.

Among real property taxpayers, those awarded were SM Prime Holdings Inc., Waterfront Phils Inc., Ayala Center Cebu, J. King and Sons Co. Inc., Cebu Private Power Corp., Cebu Insular Hotel Co., Lucky Group, Cebu Central Realty Corp., Gaisano Metro Ayala, Five Power Venture Dev. Corp., and Manila Midtown Hotel and Land.

Others include Eduard/Edward/Eduardo Kokseng, Bigfoot Palms Inc., Robinsons Land Corp., Casino Español de Cebu, Redtail Ventures Fund, Oriental Port and Allied Services Corp., Citi Appliance Corp., DG3 Corp., and Florete-Caperonce Realty Corp.
For business taxpayers, the awardees include Visayan Electric Company Inc., SM Prime Holdings Inc., Cebu Private Power Corp., Vicsal Development Corp., Sykes Asia Inc., Cebu, Leisure Company Inc., Freemont Foods Corp., Cebu Holdings Inc., Amlan Hydro Power Inc., and Multi-Stores Corp.

Others include Waterfront Cebu City Hotel and Casino, Philippine Long Distance Telephone Co., Land Bank of the Philippines, Golden Arches Development Corp., Filinvest Land Inc., Oriental Port and Allied Services Corp., Prulife Insurance Corp. of UK, Cebu Central Realty Corp., Aboitiz Equity Ventures Inc., and Syntech Properties Inc.


For the top five Peza-registered taxpayers, the awardees are Lexmark Research and Development Corp., J.P Morgan Chase Bank, Primary Properties Corp., Aegis People Support Inc., and Cebu Property Ventures and Development Corp.

Also, the top five taxpayers among market vendors are Corazon Sepra, Teresita Gonzaga, Lilia Pagador, Lydia Mendoza and Tristan Pepito while the top five fish vendors are Kathreen Maranga, Ronaldo Patalinghug, Angelita Fernandez, Francisco de Gracia Jr., and Jellen Osalla.

The top five barangays in the north district that were recognized for high tax collection are Lahug, Mabolo, Luz, Talamban and Apas.

In the south district, the top five barangays are Guadalupe, Labangon, Basak San Nicolas, Tisa and Mambaling.

The top five contractors of the city for infrastructure projects are Dakay Construction and Development Corp., Goldfin Construction, Jegma Construction and Development Corp., Geety Realty and Development Corp. and Socor Construction Corp.

The top five taxpayers who have high social amelioration tax are Rhythm & Mix Ventures Inc., Bingo Dinero Corporation, Cebu Entertainment Gallery Inc., Hidden Lodge, and Kazz International Ent. Corp/K-One Family KTV Bar.

The taxpayer’s awards night started in 2009 and is on its fourth year.

Published in the Sun.Star Cebu newspaper on December 05, 2012.

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