Home Headlines SM City Olongapo Downtown, city’s 2019 top taxpayer

SM City Olongapo Downtown, city’s 2019 top taxpayer


ALL SMILES. Photo opportunity with Olongapo Mayor Rolen “LenJ” Paulino and other city officials with the SM group team. Contributed photo

IN GRATEFUL recognition of their valuable contribution to the economic growth of Olongapo City through honest and prompt payment of their business taxes, the local government through the Business Permit and Licensing Office recognized the 20 Most Outstanding Business Taxpayers of 2019.

Held recently at the flag raising ceremony of the city government of Olongapo, Mayor Rolen “LenJ” Paulino handed over the Plaque of Appreciation to the SM Group together with other companies who made it to the top 20 list.

Through the years, since SM City Olongapo Downtown opened to public, It consistently put its spot to first place in terms of paying business taxes. As they say, “taxes help raise the standard of living in a city. The higher the standard of living, most likely the higher the level of consumption.”

The top taxpayer awardees were recognized as the Most Outstanding Business Taxpayers in the city based on their gross sales in 2018 making it a remarkable benefactor for sustaining, maintaining, and improving the public services provided by government to its citizen.

The Most Outstanding Business Taxpayers include #1 The SM Store (Meridien Business Leader, Inc.) #2 SM Supermarket (Supervalue, Inc.), #3 SM Prime Holdings, Inc., #4 SM Appliance (Star Appliance Center, Inc.), Upline Foods Corp., Puregold Price Club, Inc., Jollibee Foods Corp.(SM), Aivy Food Ventures Company, Ace Hardware Philippines, Inc. (SM), JGR888T “C” Corporation, Marinel Foods, Corp., JGR888T Corp., Olongapo Line Foods, Corp., Family Health and Beauty Corp., Chowking SM (Fresh and Famous Foods, Inc.), JB Richwell Corporation, Greenwich SM (Fresh ‘N Famous Foods, Inc.), Beach Bosses Inc., Wimpy’s (Santos Oscar Co), Claudialicious Food Ventures, Inc.


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