Leading wireless services provider Smart Communications, Inc. (SMART) was given a Special Award by the Bureau of Internal Revenue (BIR) recently for remitting the highest total tax payments in 2007 under the Large Taxpayers Service-Regular category. Parent firm Philippine Long Distance Telephone Co. (PLDT) was likewise awarded as one of the top five large taxpayers in terms of growth in tax payments. More than 600 big companies belong to the Large Taxpayers Service-Regular category, and account for more than 50 percent of BIR’s total tax collections.
SMART has been a consistent Top Taxpayer awardee in the last several years. Top taxpayers are companies that declared and paid the correct taxes to the government; have no outstanding delinquent accounts for any taxable year, except if the delinquent account involves industry issues; and have no pending criminal case, especially those covered by the Run After Tax Evaders program. /MP
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