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Friday, November 29, 2013

Philippines-Tax Evasion Case Vs. Rep. Pacquiao Mulled

 Already staggered by the freezing of his bank deposits, world boxing sensation and Sarangani Rep. Manny Pacquiao may yet face another blow after the Bureau of Internal Revenue (BIR) hinted yesterday at filing tax evasion charges against him for alleged misdeclaration of his income. The BIR confirmed that it is now weighing its options on whether to file criminal charges against Pacquiao, especially since the boxing champion has failed and continues to ignore the agency's request for him to submit his US Internal Revenue Service (IRS) records during the past several years. Pres. Aquino dismayed by Pacquiao's "cavalier" attitude against the BIR, called on the boxing hero to stop engaging in "media war" and just address his tax obligations before the court. Aquino has also denied that the government was harassing Pacquiao over his Php 2.2 Billion tax case and instead unleashed a flurry of criticism against the lawmaker.     
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