Smart, Meralco, Shell, Chevron, Nestle make it to top of 500 non-individual (corporate) taxpayers list

Telecommunications giant Smart, electric utility and distributor Meralco, oil titans Shell and Chevron, and food and beverage giant Nestle led the list of top non-individual (company) taxpayers of 2011 in the Philippines. The list was released by BIR to give hint as to which PH companies have paid less and which companies have paid accordingly in 2011.

Image, Data Courtesy: Inquirer, BIR

The full list of top 2011 PH non-individual (company) taxpayers is found here. The top 20 corporate taxpayers are as follows:

1 001901673-000 SMART COMMUNICATIONS INCORPORATED - P10,235,358,541.64

2 000101528-000 MANILA ELECTRIC COMPANY "MERALCO" - P8,302,481,339.38

3 000662551-000 SHELL PHILIPPINES EXPLORATION, B.V, - P6,367,809,783.82

4 206136596-000 CHEVRON MALAMPAYA LLC - P6,309,861,723.00

5 000421786-000 NESTLE PHILIPPINES INC - P4,886,077,359.00

6 006807251-000 SAN MIGUEL BREWERY INC. - P4,775,481,657.84

7 000768480-000 GLOBE TELECOM, INC. - P4,522,451,208.31

8 007515588-000 PMFTC INC - P3,709,288,593.70

9 000168801-000 PETRON CORPORATION - P2,620,598,749.07

10 000283731-000 PHILEX MINING CORP - P1,876,747,468.50

11 004470601-000 FIRST GAS POWER CORPORATION - P1,492,555,812.60

12 000164757-000 PILIPINAS SHELL PETROLEUM CORPORATION - P1,318,172,492.44

13 005038428-000 MANILA WATER COMPANY, INC. - P1,287,736,959.20

14 003841103-000 TEAM SUAL CORPORATION - P1,227,008,548.06

15 000342744-000 UNILEVER PHILIPPINES,INC. - P1,020,290,189.70

16 000887972-000 PHILIPPINE AMUSEMENT AND GAMING CORPORATION - P960,262,390.46

17 000237540-000 LAFARGE REPUBLIC, INC. - P901,299,306.06

18 005017501-000 SAN ROQUE POWER CORPORATION - P885,925,077.00

19 238684383-000 EMPERADOR DISTILLERS, INC. - P863,017,104.00

20 004625830-000 CITRA METRO MANILA TOLLWAYS CORPORATION - P856,585,600.86

Kris Aquino leads Top Individual Taxpayers 2011 list, top PH billionaires out of top 10

Popular actress-host Kris Aquino was revealed as the number one taxpayer in the Philippines according to the Bureau of Internal Revenue’s (BIR) list of Top 500 individual taxpayers in 2011.

Image, Data Courtesy: Inquirer, BIR

Kris paid a total of P49.87 million in taxes for 2011. Businessmen, other celebrities, and politicians also made it to the BIR’s roster of top individual taxpayers.

The top 20 taxpayers in the Philippines are as follows:

1 AQUINO KRISTINA BERNADETTE COJUANGCO - P49,871,657.37

2 REICHOW GREGORY DEANE - P38,196,685.00

3 BAJA JR LAURO LIBOON - P34,257,368.88

4 PANGILINAN MANUEL VELEZ - P25,992,131.86

5 MONTINOLA III AURELIO REYES - P24,472,645.10

6 ABLAZA GERARDO JR CINCO - P22,645,262.00

7 LHUILLIER PHILIPPE JONES - P21,645,000.00

8 ANGELES VICTOR MANGUERRA - P21,202,815.34

9 PANLILIO ROBERTO LAZATIN - P19,613,943.97

10 GOZON FELIPE LAPUS - P19,587,983.60

11 NGUYEN VINCENT THONG - P18,593,063.34

12 LHUILLIER JEAN HENRI DIAGO - P18,439,656.00

13 GAULT JOSEPH MITCHELL - P17,987,312.29

14 MENDOZA ESTELITO - P17,637,964.00

15 SY SR. HENRY - P16,582,952.00

16 VEA ORLANDO BANZON - P16,248,921.88

17 ROMANCZUK AGNIESZKA EWA - P16,062,048.76

18 JANSEN ANTHONIE - P14,851,304.45

19 SOTTO MARVIC CASTELO - P14,728,940.14

20 ESPINOSA RAY CELIS - P14,483,402.44

It may be noted that Kris beat the Philippines' richest billionaire Henry Sy in taxes who paid at least a third of what Kris paid last 2011, an amount totaling P16,582,952.00. PLDT chairman Manuel V. Pangilinan (MVP) was the fourth highest taxpayer with P25.99 million, while Aurelio Montinola III, president and CEO of Bank of the Philippine Islands, followed with P24.47 million.

At sixth place was Gerardo Ablaza, Manila Water president, who paid P22.65 million. Philippine Ambassador to Portugal Philippe Lhuillier was seventh with P21.65 million, who then preceded Victor M. Angeles who paid taxes of P21.2 million.

Completing the Top 10 individual taxpayers list for 2011 were Roberto L. Panlilio of JP Morgan Chase & Co. (ninth, P19.61 million) and GMA Network chairman and CEO Felipe L. Gozon (10th, P19.59 million).