BMGT 28

INCOME TAXATION

TOP 10 CELEBRITY
TAXPAYERS FROM
YR.(2010-2023)

SUBMITTED TO:

MS.ANAMARIE RUPIDO

SUBMITTED BY:

MARIELLA VELASCO

BSBA HR 2-3
WHAT IS TAX?
A tax is a mandatory financial charge or levy imposed by the government on individuals,
corporations, or other organizations to finance public spending and government
services. Government agencies collect taxes at various levels, such as municipal,
regional, and national, depending on the jurisdiction.

Paying taxes is crucial because it generates revenue for the government, which is
subsequently used to construct and fund socialised services and infrastructure for
residents. The term "tax" comes from Latin and meaning "to assess". The word appears
in English as late as the 14th century.

IMPORTANCE OF PAYING TAX

Paying taxes is necessary for society to function, promote economic progress, reduce inequality, and
ensure citizens' well-being. It is an essential component of citizenship, contributing to the common well-
being and growth of communities and nations.

FUNDS FOR PUBLIC SERVICE-Taxes are the principal source of income for governments, allowing
them to support critical public services including education, healthcare, infrastructure development, public
safety, and social welfare programs. These services serve society as a whole by promoting communal
well-being and growth. Taxes are required to fund core government operations such as law enforcement,
defense, diplomatic affairs, and governance. Without appropriate tax money, governments would struggle
to fulfill their commitments and keep society in order.

PROMOTING ECONOMIC STABILITY-Tax revenues help to keep the economy stable by paying
government spending and investments. Governments utilize tax income to pursue fiscal policies aimed at
stabilizing the economy, controlling inflation, and supporting long-term growth.

REDISTRIBUTION OF MONEY: Taxes can be designed to redistribute money from higher-income

individuals and companies to support programs that benefit lower-income groups, such as social
assistance and basic service subsidies. This redistribution reduces inequality and promotes social justice
in society.

ACCOUNTABILITY AND REPRESENTATION: Paying taxes encourages citizens to feel civically

responsible and participate in government. It helps to guarantee that people and corporations contribute
their fair contribution to the operation of society while also holding governments accountable for how tax
funds are used. In democracies, tax payments provide citizens with a foundation for representation and
influence over government choices.
 YEAR 2010
NAME OF CELEBRITY AMOUNT OF TAX PAID
1.KRIS AQUINO 32.3 Million
2.WILLIE REVILLAME 26.5 Million
3.SHARON CUNETA 16.6 Million
4.SARAH GERONIMO 14.8 Million
5.PIOLO PASCUAL 13.5 Million
6.MARIAN RIVERA 11.89 Million
7.JOHN LLOYD CRUZ 10.93 Million
8.CLAUDINE BARETTO 10.6 Million
9.BOY ABUNDA 9.2 Million
10. MANNY PACQUIAO 9.1 Million

YEAR 2011
NAME OF CELEBRITY AMOUNT OF TAX PAID
1.KRIS AQUINO 49.87 Million
2.VIC SOTTO 14.73 Million
3.JOEY DE LEON 12.48 Million
4.DEREK RAMSEY 11.61 Million
5.WILLIE REVILLAME 7.79 Million
6.SHARON CUNETA 7.8 Million
7.JOHN LLOYD CRUZ 6.98 Million
8.MANNY PACQUIAO 6.71 Million
9.VICE GANDA 6.11 Million
10. DINGDONG DANTES 5.85 Million
 YEAR 2012
NAME OF CELEBRITY AMOUNT OF TAX PAID
1.KRIS AQUINO 32.3 Million
2.VIC SOTTO 14.72 Million
3.JOEY DE LEON 11 Million
4.DEREK RAMSEY 7 Million
5.WILLIE REVILLAME 5.8 Million
6.SHARON CUNETA 5.74 Million
7.JOHN LLOYD CRUZ 5.4 Million
8.MANNY PACQUIAO 6.1 Million
9.VICE GANDA 12 Million
10. DINGDONG DANTES 9.4 Million

YEAR 2013
NAME OF CELEBRITY AMOUNT OF TAX PAID
1. MANNY PACQUIAO 163.84 Million
2. PIOLO PASCUAL 42.53 Million
3.JOHN LLOYD CRUZ 41.98 Million
4.KRIS AQUINO 40.48 Million
5. SHARON CUNETA 39.5 Million
6. WILLIE REVILLAME 38.31Million
7.ANNE CURTIS 28.24 Million
8.JUDY ANN SANTOS 24.32 Million
9.COCO MARTIN 22.49 Million
10. VIC SOTTO 22.40 Million
 YEAR 2014

NAME OF CELEBRITY AMOUNT OF TAX PAID

1. MANNY PACQUIAO 210,305,927Million
2. KRIS AQUINO 54,530,635 Million
3.SHARON CUNETA 49,117,122 Million
4.JOHN LLOYD CRUZ 37,701,343 Million
5. ANNE CURTIS 31,465,873 Million
6. VIC SOTTO 27 Million
7.COCO MARTIN 22 Million
8.SARAH GERONIMO 21,471,618 Million
9.DEREK RAMSEY 20 Million
10. MARIAN RIVERA 29 Million

YEAR 2015
NAME OF CELEBRITY AMOUNT OF TAX PAID
1. MANNY PACQUIAO
2. KRIS AQUINO
3. SHARON CUNETA
4.JOHN LLOYD CRUZ
5. ANNE CURTIS
6. VIC SOTTO
7.PIOLO PASCUAL
8.COCO MARTIN
9.SARAH GERONIMO
10. DEREK RAMSAY
210,305.927 Million
54,530,635 Million
49,117,122 Million
37,701,343Million
31,465,873 Million
27Million
26,423,395 Million
22 Million
21,471,618 Million
20,022,099 Million
 YEAR 2016

NAME OF CELEBRITY
1.MANNY PACQUIAO
2.PIOLO PASCUAL
3.JOHN LLOYD CRUZ
4.KRIS AQUINO
5.SHARON CUNETA
6.WILLIE REVILLAME
7.ANNE CURTIS
8.JUDY ANN SANTOS
9.COCO MARTIN
10.VIC SOTTO

YEAR 2017

NAME OF CELEBRITY
1.MANNY PACUIAO
2. KRIS AQUINO
3.JOHN LLOYD CRUZ
4.SHARON CUNETA PANGILINAN
5.ANNE CURTIS
6.COCO MARTIN
7.JUDY ANNE SANTOS
8.MARIAN RIVERA
9.WILLIE REVILLAME
10.PIOLO PASCUAL
 YEAR 2018
NAME OF CELEBRITY
1.MANNY PACQUIAO
2. KRIS AQUINO
3. SHARON CUNETA
4.JOHN LLOYD CRUZ
5.ANNE CURTIS
6.COCO MARTIN
7.SARAH GERONIMO
8.DEREK RAMSEY
9.MARIAN RIVERA
10.JUDY ANN SANTOS

YEAR 2019

1.VIC SOTTO
2.WILLIE REVILLAME
3.MICHAEL V.
4.SARAH GERONIMO
5.ANNE CURTIS
6.MAJA SALVADOR

YEAR 2020

1.MANNY PACQUIAO
2.WILLIE REVILLAME
3.VIC SOTTO
4.COCO MARTIN
5.ANNE CURTIS
6.LIZA SOBERANO
 YEAR 2021

1.KATHRYN BERNARDO
2.DANIEL PADILLA
3.COCO MARTIN
4.WILLIE REVILLAME
5.MAJA SALVADOR
6.LIZA SOBERANO
7.MICHAEL VITOY
8.VIC SOTTO
9.ANNE CURTIS

YEAR 2022

1.DANIEL PADILLA
2.KATHRYN BERNARDO
3.COCO MARTIN
4.JUDY ANN SANTOS
5.LIZA SOBERANO
6.VIC SOTTO
7.WILLIE REVILLAME
8.MICHAEL VITOY
9.SARAH GERONIMO
10. ANNE CURTIS
 YEAR 2023

1.KATHRYN BERNARDO

2.DANIEL PADILLA

3.ANNE CURTIS

4.COCO MARTIN

5.SARAH GERONIMO

6.WILLIE REVILLAME

7.JUDY ANN SANTOS

8.LIZA SOBERANO

9.VIC SOTTO

10.MICHAEL V