Issue of March 11, 2018

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Mining company pays P15 M in business taxes to Tuba, Itogon
by Press release

TUBA, Benguet – Philex Mining Corporation has paid almost P15 million in business taxes for 2018 to Tuba and Itogon.

Tuba and Itogon host Padcal mine, the company’s gold-and-copper operations in the province.

Roselyn Dahilan, finance group manager at Padcal mine, said the timely tax payments empower the host and neighboring communities to shape their future.

“With our up-to-date tax payments, we fulfill our duties to our host and neighboring communities and help them develop and implement their various social projects on time,” Dahilan said.

Tuba and Itogon have become two of the four first-class municipalities in Benguet, owing to the “significant economic impact and fiscal contributions” of Padcal operations, Dahilan said. She added the nine other towns in the province listed under third, fourth, and fifth economic classes were all into agriculture, while three of the four first-class municipalities were predominantly mining communities.

“We continue to uphold our commitments in our pursuit of right-and-principled mining, and part of this is paying our taxes religiously,” President and CEO Eulalio Austin, Jr. said.

“We are proud that we are able to fulfill our obligations amid the changing operating landscapes and, at the same time, thankful to our host municipalities for trusting us as their partner in community development,” he said.

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PWU Baguio
Technical Education & Skills Development Authority – CAR
University of Baguio

Baguio Central University
Baguio Country Club
Benguet Electric Cooperative Inc.
Bureau of Fisheries and Aquatic Resources – CAR
Congressman Ronald M. Cosalan
Department of Health – CAR
John Hay Management Corporation
National Grid Corporation of the Philippines
New Media Services
Pag–IBIG Fund
Pines City Colleges
Sangguniang Panlungsod

Assumption Medical Diagnostic Center
Baguio Center Mall
Baguio Water District
Choobi Choobi
Congressman Mark O. Go
Councilor Leandro B. Yangot Jr.
Curamed Pharmacy
Department of Environment and Natural Resources – CAR
Department of Public Works and Highways – CAR
Department of Science and Technology
Fabulo Beauty and Image Salon
Far East Pacific Commercial
Filipino–Japanese Foundation of Northern Luzon, Inc.
Ganza & Solibao Restaurants
Gen. Benjie B. Magalong
GMS Technology
Governor Crescencio C. Pacalso
Mayor Mauricio G. Domogan
Mayor Romeo K. Salda
Mother Earth Deli Basket
Nagomi Spa
Narda’s / Sunflower Ridge
Northern Luzon School for the Visually Impaired, Inc.
Our Lady of Mt. Carmel Montessori, Inc.
Philex Mining Corporation
Police Regional Office – CAR
Regional Development Council – CAR and National Economic and Development Authority – CAR
Regional Tripartate Wages and Productivity Board – CAR
SN Aboitiz
Tony Boy Tabora
Veterans Bank

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