“When there is an income tax, the just man will pay more and the unjust less on the same amount of income.” — Plato
Palm Concepcion Power Corporation (PCPC) was also recognized as a top Real Property Taxpayer in Iloilo Province for Calendar Year 2023. The owner and operator of the 135MW coal-fired power plant in Concepcion, Iloilo, it paid a whopping Php 29,401,813.78 in real property taxes, thus securing the numero uno position in the corporate category.
PCPC was one of the corporations and individuals honored at the recent Awarding Ceremony of Top Taxpayers for Real Property and Other Provincial Taxes in the Province of Iloilo for CY 2023 at the Ballroom of Zuri Hotel Iloilo. This commendation is in gratitude of the Office of the Provincial Treasurer to the company as a valued partner for displaying tax compliance.
Coming next to PCPC was Dynasty Management and Development Corp., 8990 Housing Development Corp., Property Company of Friends, Inc., and Global Estate Resorts Inc.
