First Philippine Industrial Park (FPIP) and 17 of its locators have received recognitions from the local government unit (LGU) of Tanauan City in Batangas province for topping the list of the city’s biggest taxpayers last year. 
Seven of these companies contributed to the coffers of the Tanauan City LGU more than P1 billion in business and real property taxes in 2024—enough to support roughly one-fourth of the LGU’s P4.3-billion budget in 2024.
“We are proud to be a partner of Tanauan, not just in terms of the substantial tax contribution but also because of the jobs that we create for the local community. When FPIP prospers, so does the city,” said FPIP vice president Ricky Carandang.
FPIP and nine locators swept the awards under the top 10 real property taxpayer (RPT) category, while eight of them made it to the list of Tanauan City’s 10 biggest sources of business tax.
“I would like to believe that the richest LGU in Batangas now is Tanauan City, because our partners from the business sector are paying their taxes,” said Tanauan City mayor Nelson Collantes during city hall ceremonies on July 14 to honor the top taxpayers.
Vice mayor Wilfredo Ablao, for his part, disclosed during the same awarding ceremonies that the tax contributions helped the LGU to double its budget for education assistance and other city programs.
Honda Philippines Inc. paid P275.15 million in business tax to become the biggest source of this type of payment to the LGU last year. Honda Philippines paid another P49.34 million in real property tax (RPT), which was the fifth biggest amount of RPT paid by one taxpayer to Tanauan City in 2024.
Philip Morris Fortune Tobacco Corporation received recognition as Tanauan City’s biggest source of RPT (P176.48 million) and third biggest source of business tax (P56.17 million) in 2024.
The combined P324.5 million in business and real property taxes of Honda Philippines made the company the top source of both taxes in Tanauan City in 2024.
Five locators and FPIP itself joined Honda Philippines in completing the list of the seven biggest sources of these two taxes.
Rounding out the list were Philip Morris Fortune (P232.65 million), Nestlé Philippines Inc. (P149.41 million), Philippine Manufacturing Co. of Murata Inc. (P77.21 million), FPIP (P54.53 million), Brother Industries Philippines Inc. (P50.29 million) and Canon Business Machines Philippines Inc. (P40.87 million).
Story: Charizze Henson
