Monday, August 24, 2015

Who are the Top 10 individual Income Tax payers in the Philippines?

Get to know the top 10 individual tax payers in the Philippines.This data is based on 2014 tax filings.

Note: This data is based on 2014 tax filings. This is based on income taxes and other withholding taxes under the name of these individuals. Some known business tycoons may not be on the list because their business interests are in the form of corporate stocks/shares and undeclared dividends which does not form part of taxable income.

RankTaxpayer Name Regular Income Taxes Paid
1Pacquiao, Emmanuel Dapidran 163,841,863.00 
2Alcantara, Juanito Pornuevo 99,612,000.00 
3Mendoza, Estelito P 73,185,375.00 
4Chico, Reynaldo Jr Benoza 67,340,888.00 
5Tan, Andrew Lim 67,184,002.00 
6Tan, Lorenzo Villanueva 60,894,276.00 
7Alvarez, Jose Chavez 55,627,417.00 
8Azcona, Vivian Que 51,617,174.69 
9Reyes, Oscar Sison 51,440,314.00 
10Ayllon, Vicente Rafael Munoz 50,088,841.00

Vicente Ayllon is the CEO of Insular General Insurance.

Jose Alvarez is from Palawan who earned his fortune in logging and is now in car dealership business (BMW Philippines, Columbia Motors etc.)

Vivian Azcona is the President of of Mercury Drug. She has B.S. Pharmacy degree from University of Santo Thomas.

Oscar Reyes is the President and CEO of Meralco. He earned his MBA from Ateneo Graduate School and completed Management Development program from Harvard Business School.


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