Conglomerate Ayala Corp. and key operating units settled P9.86 billion worth of taxes ahead of the extended June 14 deadline. | philbizwatcher
The taxes were paid by the parent conglomerate along with Ayala Land Inc., Bank of the Philippine Islands, Globe Telecommunications, Inc., AC Energy, and Manila Water Corp.Brothers Jaime Augusto Zobel de Ayala and Fernando Zobel de Ayala, who serve as the group’s chairman and president, respectively, expressed their gratitude to President Rodrigo Duterte for recognizing Ayala’s support to the government’s initiatives.
“We are committed to help the President tackle the many challenges he has to deal with and are confident that by working together, our country can overcome each challenge, save lives, and gradually put the country back on a path of growth,” they said. The brothers also emphasized the importance of public–private cooperation as the country deals with the vast impact of the pandemic.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BIR asks individual, corporate taxpayers to file and pay their 2019 income taxesThe Bureau of Internal Revenue (BIR) asked yesterday individual and corporate taxpayers to file now their 2019 income tax returns (ITR) and pay the corresponding taxes.
Read more »
Olympic chief calls for 'vigilance and patience' ahead of Tokyo Games
Read more »
Higher Netflix bill? Indonesia to charge VAT on imported digital goods, services starting JulyJAKARTA — Indonesia’s Finance Ministry will start charging 10 percent value-added tax (VAT) on imported digital goods and services, which includes video and music streaming subscriptions, starting
Read more »
DOT, private group launch tourism online surveyThe Department of Tourism (DOT) in partnership with Guide to the Philippines and AIM-Dr. Andrew L. Tan Center is encouraging the public to answer an online survey on the state of tourism in the country and how to improve it.
Read more »
Año: Protocols in place for travel from one area to other LGU for stranded groupsDepartment of the Interior and Local Government (DILG) Secretary Eduardo M. Año on Sunday explained that certain protocols are in place for the travel from one area to other local government units (LGU) of stranded groups of individuals.
Read more »
Football: Spanish clubs to start group training on Monday
Read more »