Showing posts with label 2014 Top taxpayers. Show all posts
Showing posts with label 2014 Top taxpayers. Show all posts

Sunday, June 18, 2017

2014 Philippine Top Taxpayers

I am hoping to post the Top 10 Philippine Taxpayers for 2016. Unfortunately, the Bureau of Internal Revenue (BIR) had only published officially the list for 2014.  This only shows how slow Philippine government offices and bureaus in collecting and updating their records in spite of advances in information technology. If you are researching, what you got are mostly out-of-date if not outdated information and statistics. This shall compromise that integrity and the timeliness of your reports and recommendations.

Based on the list below, the highest taxpayer for 2014 is Jacinto L. Ng with P 280,107,497.00 regular income taxes paid.  Mr. Ng is the owner of REBISCO.
1 - Jacinto L. Ng

Second on the list with P 210,305,927.00 taxes paid is Emmanuel Dapidran Pacquiao or popularly known as Manny "Pacman" Pacquiao, "Ang Pambansang Kamao ng Pilipinas". His wealth comes from his boxing bouts and investments.
2 - Senator Manny Pacquiao

With P 153,551,323.16 regular income taxes paid, Vivia Que Azcona is the third highest taxpayer for 2014. Mrs. Azcona is the President of Mercury Drug.
3 - Vivian Que Azcona

Jose Chavez Alvarez comes fourth with P 73,005,624.00 income taxes paid. He is popularly know as "JCA" and is currently the governor of Palawan. His fortune comes from business and investments.

4 - Gov. Jose Chavez Alvarez

The fifth on the list for 2014 top taxpayers of the Philippines with P66,866,986.00 taxes paid is Jacinto Co Ng, Jr.  He is apparently the son of Jacinto L Ng. According to 4-Traders, Mr. Jacinto Co. Ng, Jr. is on Board of Directors of various Philippine businesses inlcuding REBISCO, Belle Corporation, Asia United Insurance Corporation, among others. 
5 - Jacinto Co Ng, Jr.

Surprisingly, some movie personalities are included in the top 40. Notable is Kristina Bernadette Cojuangco Aquino or Kris Aquino with income taxes paid of P 54,530,635.00 for 2014. Her income comes mostly from media commercials and endorsements, movies in additional to businesses.
6 - Kris Aquino

Number 13 with P 49,117,122.00 taxes paid is Sharon Cuneta Pangilinan. Although not active in showbusiness, Sharon's wealth come from investments and various businesses.
13 - Sharon Cuneta Pangilinan

Another versatile actor on the list is John Lloyd Espidol Cruz. His taxes paid of P 37,701,343.00for the year 2014 makes him at number 22. His income mostlt comes from movie and tv appearances, investments and businesses.
22 - John Lloyd Espidol Cruz

Another Kapamilya star in number 32 with P 31,465,873.00 income taxes paid is Anne Ojales Curtis-Smith. Her wealth mostly comes from TV and movie appearances.
32 - Anne Ojales Curtis-Smith

I am hoping that BIR shall publish their top taxpayers for 2015 and 2016 soon so that I can compare them with 2014 list.






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