The Malacañang Palace disagrees with the proposals of Philippine Congressman to grant Manny Pacquiao a lifetime exemption from paying his taxes. The Tax Exemption for Manny Pacquiao Bill was propsed by Valenzuela Rep. Magtanggol Gunigundo. According to Communications Secretary Sonny Coloma in an official statement on Friday, December 6, 2013, he stated that “it is the … Read more
Filipino Professional Boxer and the Congressman of Sarangani Province Manny “Pacman” Pacquiao is now facing a controversial issue with BIR after scoring unanimous victory over Brandon Rios in Macau when the court Tax Appeals (CTA) in the Philippines ordered his bank deposits frozen over a Php2.2 billion tax case. According to an interview with ANC Headstart, … Read more
The Bureau of Internal Revenue (BIR) Commissioner Kim Henares said on Tuesday, November 26, 2013, that there are only two bank accounts of Manny Pacquiao were garnished in relation to his P2.2 billion tax case. BIR Commissioner Kim Henares (Photo: Inquirer) According to Commissioner Henares, when the BIR issued a warrant of garnishment on Pacquiao’s … Read more
The Bureau of Internal Revenue (BIR) warned operators of buy-and-sell websites liable for any entrepreneur who makes money online without first registering with the Bureau and the Department of Trade and Industry (DTI). According to a statement made by BIR Commissioner Kim Jacinto-Henares, she stated that the BIR will file cases against sellers who fail … Read more