SUMMARY
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More celebrities figured in the Top 500 individual taxpayers in 2011, led by presidential sister and celebrity Kris Aquino who paid P50 million in income taxes, more than any of the owner and executive in the media outfits she appears in, the companies whose products she endorses, and even the country’s richest. Since 2010, when very few celebrities graced the top 20, the Bureau of Internal Revenue (BIR) has been stepping up its name-and-shame campaign, which is meant to improve tax collections. While none of the respondents of tax complaints the BIR has filed before the Department of Justice has progressed in court, the Aquino administration is adamant on continuing filing tax cases against high-profile individuals to make good its no-new-taxes campaign promise.
Read more on the top individual taxpayers here
Read more on the top corporate taxpayers here
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