Philippine governement's Bureau of Internal Revenue ( BIR ) is again running after our hero Manny Pacquiao. It seeks to collect 2.2 billion pesos ( $50.3 million ) of reportedly unpaid taxes of the boxing idol's winning last 2008 and 2009.
According to government data, BIR is still short of its tax collection target and it appears they are turning to Pacquiao, an easy target, to boost its efforts. They must have been elated when Bob Arum disclosed that Pacquiao's earning in his latest victory over Rios could reach $30 million.
In an interview with the Times, Arum confirmed that they have paid all the required taxes and said "It’s completely not Manny’s fault and completely a government screw-up."
Now since his bank accounts are being frozen, Pacquiao had to borrow over 1 million pesos to purchase supplies for the typhoon victims. He promised to provide aid to more than 10,000 families.
“I appeal to them to remove the garnishment so that I can move and pay for my staff’s salaries,” Pacquiao told reporters “I am not a criminal or a thief. The money that was garnished by (the Bureau of Internal Revenue) is not stolen. This came from all of the punches, beatings, blood and sweat that I endured in the ring.”
Our government is messing up again. What do you think of this latest harassment by BIR?
According to government data, BIR is still short of its tax collection target and it appears they are turning to Pacquiao, an easy target, to boost its efforts. They must have been elated when Bob Arum disclosed that Pacquiao's earning in his latest victory over Rios could reach $30 million.
In an interview with the Times, Arum confirmed that they have paid all the required taxes and said "It’s completely not Manny’s fault and completely a government screw-up."
Now since his bank accounts are being frozen, Pacquiao had to borrow over 1 million pesos to purchase supplies for the typhoon victims. He promised to provide aid to more than 10,000 families.
“I appeal to them to remove the garnishment so that I can move and pay for my staff’s salaries,” Pacquiao told reporters “I am not a criminal or a thief. The money that was garnished by (the Bureau of Internal Revenue) is not stolen. This came from all of the punches, beatings, blood and sweat that I endured in the ring.”
Our government is messing up again. What do you think of this latest harassment by BIR?
It's embarrassing how Pacquiao is the one "begging" BIR when in fact BIR should be begging Pacquiao instead to not leave the Philippines because if I was him, I will just move to another country.
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