City to honor 40 top tax payers
The City Treasurer's Office has identified this year's 20 top business taxpayers and twenty real property tax payers. They will be given due recognition for paying their taxes promptly to the city government.
The 20 top business taxpayers are Panay Electric Company, La Filipina Uygongco, Panay Power Corporation, Mandurriao Star, Philippine Long Distance Telephone Company, Greatfoods Concepots Incorporated, Supervalue Incorporated, Carlos Uy Corporation, Nestle Philippines Incorporated, New Iloilo Supreme Marketing, San Miguel Incorporated, Team Sales and Promotions Incorporated and Sunlife of Canada.
While, the 20 real property tax payers are Panay Power Corporation, SM Prime Holdings Incorporated, Heva Management Development Corporation, Robinson's Land Corporation, La Filipina Uygongco Corporation/Philippine Foremost Milling Corporation, Juan Jamora Enterprises, Panay Electric Company, Filipina Shell Petroleum Corporation, QHP Realty, Iloilo Jar Corporation, Sarabia Manor Hotel, National Food Authority, Golden Gate Realty Food Corporation, St. Paul's Hospital, Far Eastern Hardware, James Young, Star Group Resources & Development Incorporated, Petron Corporation, John Cembrano and Go Kian Lam.
The list of the 40 top tax payers emanated from the long list of business establishments and corporations that have been prompt in paying their tax dues to the city government. They will be given due recognition on Thursday, November 17 during a dinner at the Amigo Terrace Hotel.
The taxes are the lifeblood of the government. It helps finance projects and contributes to the development and progress of the locality.