Which hotel paid the most taxes in 2012?


Posted at Feb 19 2014 02:55 PM | Updated as of Feb 20 2014 02:11 AM

MANILA, Philippines – A hotel in Filinvest City, Muntinlupa paid the most taxes in 2012, according to the latest Tax Watch ad of the Department of Finance (DOF) and Bureau of Internal Revenue (BIR).

The Crimson Hotel in Alabang topped the list of hotel taxpayers in 2012 with P354,189,668.10 income taxes paid.

Photo from Crimson Hotel website.

The five-star Crimson, which is operated by Filinvest Development Corporation and Aston International under FilArchipelago Hospitality, Inc., opened the same year.

Three hotels of the Shangri-La brand in Makati, EDSA, and Cebu ranked second, third, and fourth, respectively.

Makati Shangri-La Hotel along Ayala Avenue paid P196,754,705 in taxes while EDSA Shangri-La in Ortigas paid P83,550,668.10.

The DOF and BIR noted that Makati Shangri-La is also part of the top 10 luxury hotels listed on chosen websites.

Shangri-La’s Mactan Resort and Spa, meanwhile, paid P75,060,145.80 in taxes in 2012.

Three more hotels in the Makati business district, namely the Ascott Makati (P55,549,972.80); InterContinental Manila (P52,255,179.81); and Dusit Thani Manila (P35,477,868.60), were among the top taxpayers in 2012.

Rounding out the top 10 hotel taxpayers in the country in 2012 were Manila Marriott Hotel in Resorts World with P19,450,867.68 and Pangulasian Island Resort in El Nido, Palawan with P15,382,330.80 in paid taxes.