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CMC pays P31M in taxes

Cagdianao Mining Corporation, a subsidary of Nickel Asia Corporation (NAC) handed over its tax payments amounting to P31 million to the municipality of Cagdianao last January 22, 2020.

The payments consist of P30.82 million in Business Tax and P840,000 in Real Property Tax.

The symbolic handover of tax payments was done at the Municipal Hall of Cagdianao by CMC Resident Mine Manager Engr. Arnilo C. Milaor accompanied by Mine Accountant Kimberly Nadela-Calang, ComRel Manager Rudilyn H. Horca, and other company officers.

The tax payments were received by Mayor Adolfo E. Longos, OIC Municipal Treasurer Marivic A. Acquiatan and Municipal Executive Secretary Glenda Menil.

Prior to the ceremonial turnover, CMC and Cagdianao local officials held a meeting to affirm their longstanding partnership, while taking stock of the plans, programs and projects for the year 2020 for the benefit of Cagdianao residents, especially CMC's host and neighboring communities.

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