Commendable act: Sonny thanks bilyonaryo firms for paying their taxes early | Bilyonaryo Business News
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Commendable act: Sonny thanks bilyonaryo firms for paying their taxes early

Finance Secretary Sonny Dominguez showered with praise the country’s Top 500 taxpayers who heeded the government’s plea to pay their taxes a month before the June 15 deadline.

Finance Secretary Sonny Dominguez showered with praise the country’s Top 500 taxpayers who heeded the government’s plea to pay their taxes a month before the June 15 deadline.

paid their dues on as of May 19 that have heeded the government call for corporations and individuals to file their income tax returns (ITRs) ahead of the deferred payment deadlines during the twice-extended lockdown in the country to stop the community transmission of the lethal coronavirus.

Dominguez cited the Top 18 corporate taxpayers who deserved commendation in a statement:

1) BDO Unibank, Inc. (BDO)
2) Robinsons Land Corp. (RLC)
3) Manila Electric Co. (Meralco)
4) Bank of the Philippine Islands (BPI)
5) Unilab, Inc. (Unilab)
6) Mercury Drug Corp.
7) Maynilad Water Services Inc.
8) Metrobank Card Corp.
9) Globe Telecom, Inc.
10) Innove Communications, Inc. (ICI).

11) Citra Metro Manila Tollways Corp.
12) Taganito Mining Corp.
13) Security Bank Corp.
14) Monde Nissin Corp.
15) Eagle Cement Corp.
16) Huawei Technologies Phil., Inc.
17) Phil Gold Processing & Refining Corp.
18) First Gas Power Corp. (FGPC).

Dominguez said early income tax return payments have provided the Duterte administration additional funds to sustain the government’s social amelioration programs, emergency health measures and the economic stimulus packages amid the global health crisis induced by the coronavirus disease 2019 (COVID-19) contagion.

“We hope that the commendable act of these taxpayers would inspire other taxpayers to do the same and contribute to our nation-building as we work together to get the economy back on its feet in the face of the COVID-19 pandemic,” Dominguez said.

The BIR had extended the tax payment deadlines thrice in April and May during the community quarantine period in Metro Manila and the rest of Luzon.

TOP 500 ANNUAL INCOME TAX RETURNS (AITR) FILERS FOR RETURN PERIOD 2019

 

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