The Municipal Government of Baliwag, under the leadership of Mayor Ferdie V. Estrella will honor the top corporations that have paid the highest business tax for the year 2016 on May 25 during the celebration of Dangal ng Baliwag and Institutional Partners Night at the Star Arena.
The SM Mercantile Store Group Inc. (The SM Baliwag Department Store) garnered the highest ranking in paying diligently of their obligation to the local government. The said corporation had been a consistent adherent of local policies on which one of those is to pay taxes on time.
Other corporations which completes the top 15 business taxpayers list includes Super Shopping Market, Inc. (SM Hypermarket), SM Prime holdings Inc., Wilcon Builder’s Depot, Inc., Cargill Philippines Inc., Star Appliance Inc., L.P.T. Marketing Inc. (L.P.T. Marketing Inc. – UltraMega Multi-Sales), Puregold Price Club, Inc., Ace Hardware Philippines, Inc., Super 8 Retail System, Inc., (Super 8 Grocery Warehouse), Joey’s Food Corporation (Jollibee Baliwag Town Proper), The Philippine American Life and Gen. Insurance Co., Communities , Inc., Baliuag Foods Corporation (Jollibee Junction Bagong Nayon) and Sanford Marketing Corporation (Savemore).
We can recall that Mayor FVE, had called to focus on improving further the LGU’s Revenue Streams. He cited that proper and correct declaration of income as basis for paying taxes can help strengthen the local economy. Tax payers should see this obligation as more on investment rather than a liability. These top 15 taxpayers that will be recognized on May 25 had excelled on this and can be considered epitome of true partners in progress.