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23 November 2024, 19:41 PM

BOC recognizes top taxpayers and importers for 2022

February 23, 2023

The Bureau of Customs (BOC) Post Clearance Audit Group (PCAG) recognized top taxpayers and importers for the Calendar Year 2022 for their exemplary tax compliance and commitment to paying taxes responsibly.

The PCAG held an awarding ceremony on February 15 in the Bureau of Customs, Port Area, Manila.

Senior officials, representatives from different companies, and senior management of the PCAG attended the event.

“We recognize and value our stakeholders for their contributions to the revenue generation of our country, enabling the national government to provide better welfare support and implement national development programs dedicated to improving the lives of our citizens,” says Customs Commissioner Bienvenido Rubio.

“In return, we will ensure to heed the feedback of our stakeholders and consider their evaluations to improve Customs services and procedures for efficient trade facilitation,” he added.

Mondelez Philippines, Inc., Japan Tobacco International, Inc., and Glaxosmithkline Philippines, Inc. dominated the top twenty (20) importers for CY 2022 based on their settlement of deficient duties and taxes that significantly contributed to the positive collection performance of PCAG.

The PCAG also recognized Nestle Philippines Inc. and Wyeth Philippines Inc. as the Top Taxpayers for the same period based on their consistent voluntary disclosures to the Bureau’s Prior Disclosure Program.

The top ten taxpayers based on duties and taxes paid include (1) Mondelez Philippines Inc; (2) JT International (Philippines) Inc.; (3) GlaxoSmithKline Philippines, Inc.; (4) Unilever Philippines, Inc.; (5) Chevron Philippines Inc.; (6) Nestle Philippines Inc.; (7) Novartis Health Care Phils Inc.; (8) Pilipinas Shell Petroleum Corporation; (9) Fast Retailing Philippines Inc.; (10) Toyota Motor Philippines.

Meanwhile, the top five taxpayers based on voluntary compliance include (1) Nestle Philippines Inc.; (2) Wyeth Philippines Inc.; (3) JT International (Philippines) Inc.; (4) Mondelez Philippines Inc; (5) Henkel Philippines Applied Technologies Inc / Henkel Philippines, Inc.

Under Commissioner Bienvenido Rubio’s leadership, the BOC remains consistent in its mandate to improve collection of lawful revenues through post-clearance audit.#

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