• Pacquiao camp remains mum on tax issue because of gag order

    0

    REIGNING World Boxing Organization (WBO) welterweight champion Manny Pacquiao refused to comment on his the tax issues with the Bureau of Internal Revenue (BIR), saying that a ‘gag order’ issued by the Court of Tax Appeals is still in effect.

    “No comment but we’re doing our obligation,” Pacquiao told The Manila Times in a phone interview before his Philippine Basketball Association team KIA Sorento played against Purefoods at the Ynares Sports Center in Antipolo City on Wednesday.

    Pacquiao, 35, beat American Chris Algieri decision in Macau on Sunday via unanimous.

    Pacquiao’s long time adviser Mike Koncz affirmed the Filipino ring icon’s statement.

    “There is a gag order from the Court of Tax Appeals that’s why Manny and his group won’t say anything about it [tax issues],” Koncz told The Times in a phone interview. “But obviously Manny is the highest tax payer in General Santos, so who would be?”

    A reliable source that requested anonymity said that Pacquiao, a registered taxpayer in General Santos, has already remitted more than P160 million in income tax in 2013.   JOSEF T. RAMOS

    Share.
    loading...
    Loading...

    Please follow our commenting guidelines.

    Comments are closed.