Mining firm pays over P63.5-M in taxes, fees to Surigao Norte LGU

By: Philippine Resources January 27, 2025

Claver, Surigao del Norte Mayor Georgia Gokiangkee (3rd from left) acknowledges the continued support of the Taganito Mining Corporation to the local government as it paid over PHP63.5 million in 2025 local business tax and regulatory fees Monday (Jan. 21, 2025). The revenues would help the LGU in its infrastructure and social services programs and projects. (Photo courtesy of Claver MIO)

A mining firm paid over PHP63.5 million in taxes and regulatory fees to the municipal government of Claver in Surigao del Norte, a local official said Tuesday.

In a statement, Claver Mayor Georgia Gokiangkee recognized the Taganito Mining Corporation (TMC) as one of the local government unit’s (LGU) active development partners.

The payment was made Monday as business transactions for 2025 started through TMC Community Relations Officer Mark Vincent Junel Felias.

“The payment is part of the 2025 Local Business Tax and other regulatory fees of the TMC,” Gokiangkee said.

She noted that the taxes and fees are part of the mining company's corporate social responsibility to contribute to the LGU’s development efforts.

Gokiangkee said the payments and fees would go to education, health, agriculture and infrastructure programs this year.

A portion of the payment will also support social services programs for senior citizens, individuals with disabilities, and other disadvantaged groups. By Alexander Lopez

 

Article courtesy of the Philippine News Agency


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