Skip to main content

Posts

Showing posts with the label tax

Manny Pacquiao Appeal on BIR Php 2 Billion Tax Case

Manny Pacquiao won his last fight just recently against Brandon BamBam Rios, and he dedicated this fight for the victims of typhoon Yolanda/Haiyan. As he came back here in the Philippines, he immediately do something about helping the typhoon victims. To his dismay, the BIR has frozen all his bank accounts. He ask his friends for monetary help just to make his promise on helping the Yolanda victims. Manny Pacquiao and his wife, Vice Gov. Jinkee, have appealed the tax fraud case filed by the Bureau of Internal Revenue (BIR) against them for alleged tax deficiencies in 2008 and 2009 amounting to P2.2 billion. Last Thursday, November 21, through his lawyers, Pacquiao filed a petition against BIR commissioner Kim Henares before the Court of Tax Appeals in Quezon City. In the petition, Pacquiao said he wants to stop the BIR from collecting the P2.2 billion in supposed tax deficiencies. Pacquiao called on the Court of Tax Appeals to declare the BIR’s formal letter or demand