Manny Pacquiao top Filipino taxpayer for 2013 with P163M | Inquirer Business

Manny Pacquiao top Filipino taxpayer for 2013 with P163M

By: - Research Section Head / @Inq_Researchers
/ 09:00 PM March 27, 2015

Sarangani representative and boxing champion Manny Pacquiao led the list of the country’s top individual taxpayers for 2013, according to a list released Friday by the Bureau of Internal Revenue.

Citing data as of Nov. 24, 2014, BIR said Pacquiao paid P163.8 million in regular income taxes for the taxable year 2013. He was followed by Juanito P. Alcantara, who paid P99.6 million in taxes.


Lawyer Estelito Mendoza, owner of E.P. Mendoza Law Office and who served as solicitor general from 1972 to 1986, was third with P73.2 million in taxes, followed by Reynaldo Chico Jr. (P67.3 million) and property tycoon Andrew Tan (P67.2 million).

Rizal Commercial Banking Corp. President Lorenzo Tan was sixth with P60.9 million, followed by Palawan Gov. Jose Alvarez (P55.6 million).


Manny Pacquiao. AP File Photo

Manny Pacquiao. AP File Photo

Vivian Que-Azcona, president of Mercury Drug, was eighth with P51.6 million in taxes.

Also in the top ten were Meralco president Oscar Reyes (P51.44 million) and Insular Life chair and chief executive officer Vicente Rafael Ayllon (P50.1 million).

San Miguel Corp. President Ramon Ang was 12th with P46.5 million.

President Aquino’s sister, Kris Aquino was 16th with P40.5 million. Also on the list of top taxpayers were television personalities Piolo Pascual (P42.5 million), John Lloyd Cruz (P41.9 million), Sharon Cuneta-Pangilinan (P39 million), Willie Revillame (P38.3 million) and Anne Curtis-Smith (P28.3 million).

Businessman Manuel V. Pangilinan was 27th with P31.6 million in taxes.

The BIR releases to the public the list of 500 top individual and corporate taxpayers annually in keeping with the requirements of Republic Act No. 9480, known as the Philippine Tax Amnesty Act of 2007.

Earlier this month, the BIR also released the list of top corporate taxpayers for 2013, which was topped by two Pangilinan-led companies Smart Communications Inc., which had an income tax due of P10.89 billion and Meralco, which paid P9.69 billion in taxes.

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TAGS: BIR, Estelito Mendoza, Jose Alvarez, Juanito Alcantara, Lorenzo Tan, Manny Pacquiao, Oscar Reyes, Philippine, Reynaldo Chico Jr., tax, taxpayer, Vicente Rafael Ayllon, Vivian Que Azcona
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