Government Benefits from SamGOpsal

It is not just the local communities who will benefit from our business but the
government of the Philippines as well. First, the government can benefit from the taxes the
SamGOpsal is going to make quarterly and annually and the presentation of hard data on
the estimated and government financial institutions will be presented in a more enticing
format. The hard data will include: a. Estimated quarterly and annual income tax of the
business, b. Estimated withholding tax to be remitted, c. Estimated business taxes (value
added tax & percentage tax) to be remitted, d. Estimated municipal taxes, permits, and
licenses, e. Estimated property taxes.
The business project presented by the group may also reduce the social intervention
projects undertaken by the government. For example, Hospitals, government building
public hospitals can be reduced because the type of food that SamGOpsal will sell can help
the people change their lifestyles into a healthy living even without working out, it can
definitely reduce the risk of having diseases like diabetes, arthritis, stroke, high blood and
etc.
A business like ours also can also benefit the government by creating new jobs,
helping local communities and neighborhoods, and producing economic growth in the near
future.