CitySavings recognized as one of Cebu's Top Tax Contributors

CitySavings recognized as one of Cebu's Top Tax Contributors

The Bureau of Internal Revenue Large Taxpayers Division (LTD) Cebu recently awarded City Savings Bank for being one of the top collection contributors for taxable year 2014 in view of the annual and percentage of growth by its voluntary and value-added tax compliance.

City Savings Bank Executive Vice President for Channel Management, Jose Levi Villanueva received the token of appreciation from BIR Executives during the awarding ceremony last March 2, 2015 at the Grand Convention Center in Cebu City.

The ceremony was also the kick-off of BIR LTD Cebu’s 13th Anniversary Celebration & 2015 Tax Campaign with the theme: “Pushing the Limits”.

”I would like to take this opportunity to express our profound gratitude to all taxpayers for the taxes you have paid and all the support you have given which enabled our division to surpass its assigned collection target for the last 5 straight years.”, said Maria Socorro Lozano, LTD-Cebu Division Chief during her welcome address.

During this message of thanks as representative for the private sector awardees, Jose Levi Villanueva mentioned that “Your LTS theme, “Push the Limits”, resonates with our own core values of innovation and going the extra mile for our public school teachers who command our undivided attention being our predominant customers.”

He added further “We are accepting this distinction with much humility as we reaffirm our commitment to be a responsible corporate citizen. “

Other company awardees who were recognized in Cebu were AboitizPower and MLhuiller.