Capitol hails FDC Misamis as top taxpayer

THE Provincial Government of Misamis Oriental on Monday, November 11, declared the FDC Misamis Power Corporation (FDC Misamis) as the number one taxpayer in the province.

Governor Yevgeny Emano announced it in his speech during the flag raising rites, following the memorandum of agreement (MOA) signing between the capitol and FDC Misamis for the establishment of trust accounts in compliance with the Department of Energy’s amended Energy Resolutions (ER) 1-94.

“Actually, ang FDC, not only sila’y pinakadako gibayad sa power generation but they are the number one taxpayer of Misamis Oriental,” Emano said.

Juan Eugenio Roxas, the CEO/president of FDC Misamis, for his part, expressed gratitude to the provincial government for recognizing their company as the number one taxpayer of the year.

According to Roxas, the company being the top taxpayer in the province can be attributed to the company’s commitment to give what is due to the government.

“Ang amo mang gyud kompanya hugot kaayo sa pagtuo nga what is due to the government should be due to the government. Mao na nga ang among permiro pa lang nga full year of operation, kami a mao ang number one tax payer,” Roxas said.

He added that apart from the taxes they’re paying and the ER 1-94 that they are assisting the province with, FDC Misamis is also helping Misamis Oriental through its reforestation project, medical missions, and other programs.

“Governor, again, thank you or recognizing our humble company. When you awarded us as the number one tax payer of the year, it was a very humbling experience for us. And thank you for recognizing us again in the implementation of ER 1-94,” Roxas said.


SunStar website welcomes friendly debate, but comments posted on this site do not necessarily reflect the views of the SunStar management and its affiliates. SunStar reserves the right to delete, reproduce or modify comments posted here without notice. Posts that are inappropriate will automatically be deleted.

Forum rules:

Do not use obscenity. Some words have been banned. Stick to the topic. Do not veer away from the discussion. Be coherent. Do not shout or use CAPITAL LETTERS!