(20 December 2022, Pasay City, Philippines) Seven SM companies were recognized as top business taxpayers by Pasay City in an appreciation ceremony held on December 7, 2022 at the Conrad Manila.
The awards are among the highlights of the 159th founding anniversary of the City of Pasay which recognized the Top Taxpayers for both Business and Real Property Taxes Categories. Through the awards, the City recognized the unwavering support and contribution of the sector to its development “into a city of good governance and better opportunities.”
“Your presence and help are vital in attaining our goal of becoming an eco-city. As we are partners in public service, our strong bond and partnership is necessary in our next chapter,”
Pasay City Mayor Imelda ‘Emi’ Calixto-Rubiano said during her speech at the awarding ceremony.
SM Development Corporation (SMDC) topped the Business Taxes category at first place followed by The SM Store at the third spot. Meanwhile, SM Prime Holdings Inc. (SM Prime) clinched the sixth place, with Super Shopping Market Inc. and SM Investments Corporation ranked eighth and ninth in the same category, respectively. For the Real Property Taxes Category, SM Prime, placed first on the list while SMDC, Shoemart Inc., (SM Land Inc) and SM Retail notched the third, sixth, and seventh spots, respectively.
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