Davao City honors top taxpayers | SunStar

Davao City honors top taxpayers

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Davao City honors top taxpayers

Wednesday, March 15, 2017

DAVAO City's growth is a full pie comprised of slices that are contributed by several sectors: political, civic, academe, religious, and economic groups.

It is but an irrefutable truth that responsible taxpayers are key players in making Davao City what it is today, booming and thriving.

For this year’s 80th Araw ng Dabaw, the City Government is bent on honoring the top 19 real estate taxpayers and the Top 10 business taxpayers in the city for last year through “Pasidungog: Garbo sa Dabaw (Award: Pride of Davao)” slated on March 13 at the Royal Mandaya Hotel.

Data from Davao City Treasurer’s Office showed the list of top 10 taxpayers, starting from the highest taxpayer:

1. Davao Light and Power Company (P96,419,107.55)
2. Holcim Philippines Inc. (P16,788,966.12)
3. Coca-Cola Femsa Philippines (P13,596,128.10)
4. Mindanao Corrugated Fibreboard Inc. (P9,448,095)
5. Kawasaki Motors Phils. Corporation (P9,086,723)
6. Stanfilco (Dole Phils. Inc.) (P7,819,648)
7. Lapanday Foods Corp. (P6,957,746.32)
8. San Miguel Foods Inc.-Sirawan (P4,697,622)
9. San Miguel Foods Inc. (P4,494,804)
10. Sumifru Philippine Corp. (P3,466,223.94)

Rodger Velasco, executive vice president and chief operating officer, said paying the right taxes on time is important as it goes a long way into supporting the city’s efforts and initiatives geared towards serving the public.

“When the constituents of the city are taken care of thru government care, our place will become very progressive. In effect, the entire city will benefit,” he said.

He added paying taxes responsibly is a way of giving back to the city and communities where they operate.

Holcim Philippines, for their part, said a responsible corporate citizen, is committed to consistently paying our fair share to support the government in its programs that move the country forward.

“We believe that taxes provide government with important resources to improve the lives of Filipinos,” Holcim said in a statement sent to SunStar Davao.

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