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Pays more than Filipinos in Forbes 'richest' list
By BEN R. ROSARIO
Manila Bulletin

A senior administration congressman Sunday said that Saranggani Rep. Manny Pacquiao deserves to be honored as the country’s top individual taxpayer, having paid higher taxes than Filipinos cited by Forbes Magazine as among the richest in the world.

Rep. Antonio Alvarez (Lakas-Kampi, Palawan) said not only is Pacquiao the greatest Filipino boxer who has won eight world division titles but is also the Philippines greatest taxpayer.

BizNewsAsia magazine, citing what it called official sources, had enumerated the names of the country’s top 500 taxpayers with their corresponding payments.

Next to Paqcuiao in the BizNewsAsia list is Willie Revillame with P58.6 million; and Piolo Pascual who is No. 3 with P55.8 million payments.

Two other showbiz personalities made it to the Top 10 – Kris Aquino, No. 8 with P25.44 million; and Michael V (Beethoven del Valle Bunagan), No. 10 with P22.26 million.

Also landing in the BizNewsAsia’s Top 20 list are known chief executive owners of conglomerates: Philex President Walter Brown with P26.83 milliontax (No. 9); Rio Tuba Nickel owner Manuel Zamora Jr. with P19.96 million tax (No. 12); San Miguel Corp’s Eduardo Cojuangco Jr. with P18.98 million tax (No.13); PLDT Chair and Meralco CEO Manuel V. Pangilinan with P18.55 million (No. 14); the former Meralco President Manolo Lopez, P17.49 million (No. 16); Union Bank Chair and CEO Justo Aboitiz Ortiz, P15.2 million (No. 19), and SMC President and Petron CEO Ramon S. Ang, P14.85 million (No. 20).

Prominent tycoon Henry Sy Sr. was reportedly No. 73 in the list with tax payments of P7.27 million, while Lucio Tan failed to land in the top 100.

After nearly two months of absence, Pacquiao will return to the House of Representatives to attend Monday’s session and also to be honored by the chamber with his second Congressional Medal of Distinction for his most recent world boxing conquest.

You Against Corruption and Poverty (YACAP) partylist Rep. Carol Jayne Lopez, one of the organizers of the red carpet welcome for Pacquiao at the Lower House, said the Sarangani solon is “extremely honored for the second Congressional Medal of Distinction, which will be given by his own peers.”

Lopez, who also hails from Sarangani, said Pacquiao is doing what it takes to make himself a “champion” of his province when it comes to public service.

“Boxing may be his first love but public service is now his passion.

“I’ve seen him in action, I’ve worked with him in Sarangani, and we’ve discussed bills and issues. He is a legislator, not just a boxer, and to be honored by his co-equals in Congress, together with the people we represent is something very special to him. He said he is eternally grateful for his kind of honor and welcome from his peers,” said Lopez.

According to Lopez, the neophyte Sarangani lawmaker is “emotionally touched” by the gesture of his colleagues in the Lower House who contributed P1,000 each to honor the new WBC super welterweight champion who defeated Mexican boxing legend Antonio Margarito for the boxing crown last week in Dallas, Texas.

Alvarez said the Bureau of Internal Revenue reported last April that Pacquiao paid P125 million in taxes in 2008, making him the highest individual Filipino taxpayer in a list of top 500 taxpayers.

“If the government is running out of awards to give Manny, then it should think of honoring him for being the reigning champion in the individual income tax payment category,” said Alvarez, a member of the Commission on Appointments.

The Palawan lawmaker added: “He‘s not only the world’s pound-for-pound boxing king, but he’s also the country’s peso-for-peso tax payments title holder.”

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chicogon

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Nabuking diay ang ubang super-millionaires!!!  ;D

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(LEAN gainst tables, chairs, floors, walls and ugly people.)


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luckybelle

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Wow ha! Kung sa boxing 99% ako bilib kay Manny, kung tinood man gani ning ijang pagkamaayo mo-tax abay, 101% nako bilib ani nga side niya. Mao ni angay himoong ehimplo maski tuod ang ubang tax maadto ra gihapon sa kamot sa corrupt nga mga puli-pulitikas. Hmmm... ??? ::) ngano kaha ang mga prominent business tycoons wala man naapil sa top 10? Kasagaran mga actors man hanuan ::)
;)

david

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baka mahinang maglagay ang mga artista kay sa mga singkit ang mata
hmmmmm

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unsaon man pagdako sa tax sa mga CEO's, COO's ug Consultant ug unsa pa diha? nga gamay ra man ang ilang sweldo sa ilang mga kompanya. puro man consultant fee ug allowance. dili baya na taxable. ang taxes ni manny ug sa mga artista kay gikan sa ilang mga kinitaan sa ilang mga tagsa-tagsa ka propesyon. kung pila ang naa sa kontrata diha sad basehan ang porsyento sa ilang income taxes. bright gud nang mga negosyante. ilang kompanya nagbayad ug binilyong business tax maong moingon pud na sila sobra kung milyon-milyon pa ilang income tax. maong dapat usbon sa BIR ilang tax schemes. kung kinsa tong naa dagkong negosyo, dako sad buhisan. tiaw mo nang si lucio tan wala masud sa top 100, giunsa gud na nila pagkwenta.
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good job manny p. :)

luckybelle

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Mao jud.

fdaray

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Lucio Tan is the number one tax evader .
Life is what you make.
Kon naa kay gisoksok, naa kay makuot.

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abswelto man gihapon sa iyang kaso. so walay proof or nahulgan ug datung maong nawala ang proofs?

ms da binsi

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diri man na nija gi earn mao gi tax na sha daan ana diri. and i think nia diri ija gi deposit ija datung. so most likely dako jud ijat tax kay wa man maka ipsot ug tax diri. di preha diha nilang Lucio nga mo declare lang ug gamay income bisan daghan jamo eroplano nag lupad3x ingnon laman nga 3 ra ka buok pasahero! hahahahaahhha!
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Bisan gani si Manny Pangilinan gamay ra sad og gibayad nga buhis.

chicogon

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Bwahahaha!!! Duha na lang kay nangihi pag usa, nahabilin!!!  ;D


luckybelle

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 ;D  ;D  ;D joker

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mao niy makapordoy ni manny...kining gobyernoha. hahahahaha

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Botyokon

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alangan pwede man taguan sa negosyante kung pila ilang kita sa libro, specially insik hastang maayoha, if masakpan pud sa BIR agent, presyohan ra man pud na sila sa BIR agent ug under the table. so wa jud lusot.

si pakyaw gud kay showbiz personality daghan nagsunod ug curious sa iya income, so maglisod na sya ug tago mao full amount ang report. pero bisan kinsang politiko, papitik pa ko, mo-accept na sila ug under the table, in any kind, willingly or non willingly....

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mapurdoy jud na si manny kay kaduha kuhaan tax iyang kita. kuhaan pa sa IRS kuhaan pud sa BIR.  ;D

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mao niy tuyo ni Manny nganong nagtukod og negosyo. pwede niya maprotektahan iyang kita, kay naa may mga probisyon nga maghatag og tax breaks sa mga negosyante.

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mao na ang problema kay dili efficient ang gobyerno maningil sa mga negosyateng utangan sa buhis. kadtong mga gagmayng negosyo lang ang sayon nila masikop kung manglimbong.

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Gkatawa lang sa hilom ng mga kanahan di mobayad sakto s buhis...morag labaw pa sila ka boxer kay ni pacman diay? ky komkom jud pa nila kwarta...aron ipagawas nila bayad s buhis, maau cguro bulikaton na pagkapikot pikot ilang mata tungod sa bun-og ba'g hunahuna negosyo hehe..
No other time than now..

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BHWAHAHAHAHHAHA! mura man nag sakay ug bus, nabilin! hahahahahahha!



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