World renowned boxer boxer cum Rep. Emmanuel Pacquiao of Sarangani should settle his tax woes with the Bureau of Internal Revene ahead of his April 12 fight vs. American Timothy Bradley, a House leader said Monday.
Rep. Elpidio Barzaga of Dasmariñas, Chairman of the House Committee on Games and Amusements, was referring to the Pacquiao’s alleged P2.2 billion worth of unpaid taxes to the BIR as a result of his winnings from 2006 to 2010.
“Now that it’s official that Pacquiao will fight Bradley, efforts should be made by Pacquiao and the BIR to put an end to his tax problems so that the Pambansang Kamao (National Fist) could focus on his forthcoming match. He should be able to fight with an unencumbered mind,” Barzaga added.
Pacquiao’s tax problems were exposed after he scored a scintillating 120-108, 119-109 and 118-110 comeback victory against American Brandon Rios last November.
But since then, the Court of Tax Appeals issued a gag order on both parties in December and tasked them settle their differences
“Every time Pacquiao wins, he gives the needed respite to the country, especially in the wake of disasters with unimaginable magnitude. He is always a big morale booster, a true hero and a national pride. The burden of this tax controversy must end,” Barzaga added.
Pacquiao’s April 12 match with Bradley is a rematch. Pacquiao first fought Bradley in 2012 and lost his World Boxing Organziation welterweight title against the American via a controversial split decision.
The Sarangani lawmaker is expected to earn $20 million or P840 million from his fight vs. Bradley.
Pacquiao is the only boxer in the world who has eight world titles in eight different weight classes. LLANESCA T. PANTI