Press Release

Smart and PLDT among the country’s top taxpayers

[August 7, 2007/ Manila] -  Leading wireless services provider Smart Communications, Inc. (SMART) was the number one Top Taxpayer awardee for 2006 of the Bureau of Internal Revenue (BIR) under the Large Taxpayers Service category.  PLDT also joined SMART in this year’s list of top ten awardees. 

More than 600 big companies belong to the Large Taxpayers Service category and account for more than 50% of BIR’s total tax collections. SMART has been a Top Taxpayer awardee for four (4) consecutive years.

The 2006 BIR Top Taxpayers included companies that declared and paid the correct taxes to the government; with no outstanding delinquent accounts for any taxable year, except if the delinquent account involves industry issues; made at least Php1Billion actual cash tax payment increase and with at least 18% increase from 2005 to 2006; and no pending criminal case, especially those covered by the Run After Tax Evaders (RATE) program.