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AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
AboitizPower upholds the highest ethical standards, safeguarding the integrity of our initiatives and developments as a business enterprise and a partner for environmental protection.
View our shareholder relations and investment reports and find out how we prioritize addressing the triple bottom line of people, planet, and profit.
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Home Newsroom Corporate Social ResponsibilityVisayan Electric is 2021 2nd highest top tax contributor
April 06, 2022
The Bureau of Internal Revenue Large Taxpayers Division Cebu recently recognized Visayan Electric as the second highest top tax contributor. In simple ceremonies last March 4, the BIR Large Taxpayers Division-Cebu, headed by Maria Socorro O. Lozano, conferred the 2021 Top Tax Contributors Award to Visayan Electric.
The award recognized the electric utility for "registering the second highest voluntary tax payments" in the amount of P955 million in income and Value-Added taxes.
Visayan Electric President and Chief Operating Officer Engr. Raul C. Lucero, who accepted the award, said the recognition validates the commitment of the electric utility to comply with government rules when it comes to the payment of taxes.
"This recognition from the BIR is an affirmation that Visayan Electric is compliant with tax laws and that we do our part in nation-building by paying the taxes that are due us," Lucero said.
The other awardees for the 2021 Top Tax Contributors are CitySavings Bank and Cebu Energy Development Corporation.
Corporate Social Responsibility
AboitizPower subsidiary Therma South, Inc. (TSI) responded to a fire incident that broke out in its host community of barangay Binugao, Toril, Davao C...
Corporate Social Responsibility
Time and again, it has been proven that women are more than capable of achieving great things. This is the very reason that drives Hedcor to continue ...
Corporate Social Responsibility
The leading run-of-river hydro firm, Hedcor, in partnership with Aboitiz Foundation (AFI), equips host communities with sustainable livelihood by prov...
As one of the Philippines’ largest power producers, we help fill the nation’s growing energy needs by providing secure and affordable access to sustainable power across the country.
Learn more about our businessesAboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
View our sustainability initiativesView our shareholder relations and investment reports and find out how we prioritize addressing the triple bottom line of people, planet, and profit.
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