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The Pag-IBIG Fund, one of the country’s most financially stable government institutions, was cited by the Bureau of Internal Revenue for its invaluable support to the outstanding tax collection performance of BIR Revenue District Office 50-South Makati during the recently concluded 2007 Tax Campaign Kick-off held at the Hotel Intercontinental in Makati City. Pag-IBIG is ranked first among the biggest taxpayers of RDO 50.

Unlike other government financial institutions, Pag-IBIG is not tax-exempt. From 2001 to 2006, Pag-IBIG paid a total of P10.99 billion in tax payments. Last year, taxes paid totaled P1.96 billion, of which P1.3 billion is in the form of income taxes.

Pag-IBIG President & CEO Atty. Romero F.S. Quimbo received the Certificate of Recognition from BIR Deputy Commissioner for Operations Group, Atty. Lilian Hefti. Present during the awarding are (from l-r) Nieva Guerrero, Assistant Regional Director of Revenue Region 8; Atty. Salvador Lasala, Assistant Revenue District Officer, RDO50-South Makati; and Atty. Cesar Charlie Lim, Revenue District Officer, RDO50-South Makati. (Photo by Menchie Louise M. Cuento)