• Pacquiao jabs at BIR over tax evasion case

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    World boxing icon and Rep. Emmanuel “Manny” Pacquiao of Sarangani again threw jabs on Tuesday, this time against the Bureau of Internal Revenue which is seeking to freeze his P2.2 billion worth of assets for alleged tax evasion.

    In a press conference held in his hometown General Santos City, Pacquiao noted that the BIR has no basis in garnishing his P2.2 billion worth of assets because he has declared his right income and paid the corresponding proper taxes, vis-à-vis the takes of his promoter Top Rank Promotions and HBO network which airs his fights.

    “Ako po ay hinabla ng BIR ng P2.2 billion peso tax case na walang basehan. Ang aking pera sa bangko ay ginarnish ng BIR. Hindi ako makapag-withdraw ni isang singkong sentimo sa sarili ko pong pera at hindi ko ito magamit para man lang makatulong [sa mga sinalanta ng bagyo](BIR leveled charges against me without basis, and I can’t withdraw a single cent from my money which I could use to help the typhoon victims),” Pacquiao said.

    “Ang pera kong ginarnish ng BIR ay hindi po nakaw at hindi po PDAF o DAP, ito po ay galing sa lahat ng suntok, bugbog, pawis at dugo na tiniis ko sa boxing (My money garnished by the BIR is not stolen. I earned it from the punches, perspiration and blood that I have endured in boxing),” Pacquiao added.

    Pacquiao scored a masterful unanimous decision win against American Brandon Rios on Sunday in Macau for the World Boxing Organization International Welterweight Division title—his first victory in two years and after two straight losses vs. Timothy Bradley and Juan Manuel Marquez.

    A day after his comeback win, Pacquiao rushed to General Santos City, saying that he need to prepare for his visit to Tacloban City which was turned to Ground Zero by Super Typhoon Yolanda. LLANESCA T. PANTI

     

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    7 Comments

    1. That’s why he decided to move the fight to Macau because he must have paid a LOT of dough to Uncle Sam. He must also have a lot of taxable investments, capital gains, etc which he had to declare there na ayaw nya malaman ang true worth nya. Dito sa Pilipinas puede masahe ang utang sa BIR basta mag lagay. Hindi puede sa USA Remember Al Capone? He was not jailed for the many murders he ordered but he was imprisoned for tax evasion.

    2. Congressman Pacquiao tutoo nga pong malaki ang kinita ninyo sa mga laban ninyo abroad. Pero dapat po ay exempt kayo sa philippine tax sa mga ganong kinita ninyo bagama’t malaki nga itong kinita mo. Sa ibang bansa nga lang ay hindi kayo exempt doon sa pinagdausan ng laban o kung saan ka kumita. Ito po ay sa dahilang sang-ayon sa batas ay exempt ang mga overseas contract worker sa mga tax sa pinas. Ang ginagawa nga lamang ay dapat nagpafile din sa BIR. filing fee lamang naman ang binabayaran. Ipasuri po ninyo sa inyong accountant ang bagay na ito. Busisiin ang batas tungkol dito. Bagama’t di naman kayo palaging nasa abroad ay mga overseas contract work po ang pagkita ninyo sa boksing. alam ng BIR iyan. Kaya lang mukhang nagpapalakas sa Malacanang si Henares at namumulitika rin.

    3. Taklesa talaga ang gobyernong ito….katatapos lang magdala ng malaking karangalan nung tao…

      eh si Pnoy na napakalaking kahihiyan ang ibinibigay sa bansa sa tuwing magsasalita…siya kaya pag-initan ninyo…?

      mga magnanakaw kayong LP at Dilawang Yellow….pabagsak na talaga si
      Benigno Aquino, THE TURD….

      Go, Pacquiao…you are the people’s champ…fight this inept administration…

      Tama, ang pera mo, hindi mo ninakaw…HINDI KA KATULAD NILA!

    4. Tito David for your information the American govt will never give to our Phil govt the IRS record of Pacman and its confidential. Pacman has the duplicate copy of what he paid to the US govt but however what Pacman submitted to the Phil BIR is not the duplicate copy of the original but IRS signed by Bob Arum the boxing promoter which the BIR did not accept and Pacman was given 2 years to comply but he never did so. Why? Because it’s simple and not all Pacman earnings was in the IRS such as all those endorsements and commercials were intentionally ommited by Pacman. I pity Pacman small brain or brain damage cause he doesn’t understand how taxes are to be paid if you earn big. His lawyers are fooling Pacman cause they know he is BOBO at brain Damage. Hwag ka na mag drama Pacman na uutang ka sa mga kaibigan mo para meron kang ibibigay na Relief Goods sa mga taga Leyte. Iniwan mo yung KINITA mo sa Macau para Hindi ka ma tax ng BIR natin. Niloloko mo Lang ang mga taga Leyte at paawa epect kpa. Nasaan na yung PDAF mo? Corrupt ka talaga at pati attendance mo sa congress very poor at Panay absent mo at priority mo boxing at sideline mo Lang yan pagka Tongressman mo. Shame on you!!!!

    5. Mabuti pa si Napoles meron right against self-incrimination. Si Manny wala. Basic Huma n Right ito. How can the BIR insist he provide self-incriminating evidence ? The procedure is very clear, the BIR should request the documents from the IRS and other sources. They should build the case against Manny and not the other way around. This will only scare foreign investors away. If the domicile has weak justice systems they will not risk their capital when it can be taken away at anytime.

      • I’m a US tax payer so I understand what the BIR is asking Manny. He should submit his tax returns for the years that he earned income from the US. He will not be able to lie about his earning. He should provide a copy of the tax returns he submitted to the Internal Revenue Service of the United States which will show how much tax he paid to the US government on all the income he made in the United States.