The cash prize and other awards received by Wurtzbach for winning the Miss Universe title are subject to income tax according to Philippine revenue official.
We, too, are elated and proud that she won the Miss Universe title but we have to implement the law. Wurtzbach’s earnings from within and outside the country form part of her gross earnings subject to the maximum income tax rate of 32 percent.
I am aware just like any employee that I have to pay taxes. I have never missed it when I was with ABS-CBN, Binibining Pilipinas. When I start working in the US, I’d be doing that as well.