Seven SM companies were recognized as top business taxpayers by Pasay City.
SM Development Corporation (SMDC) topped the Business Taxes category followed by The SM Store at third spot. SM Prime Holdings snagged the sixth place, with Super Shopping Market and SM Investments Corp. ranking eighth and ninth in the same category, respectively.
For the real property taxes category, SM Prime placed first on the list while SMDC, Shoemart Inc., (SM Land Inc) and SM Retail notched the third, sixth, and seventh spots, respectively.