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Friday, December 6, 2013

Court of Tax Appeals Issued a Gag Order to Rep. Pacquiao

 The Boxing champ and Sarangani Rep. Manny Pacquiao is seeking an amicable settlement of his Php 2.2 Billion tax debts. Informed sources said Pacquiao's lawyers went to the BIR Wednesday morning and discussed with tax enforcement service officials to work out an out of court resolution of the case. The report was confirmed yesterday when Court of Tax Appeals Presiding Justice Roman del Rosario who chairs the court's 1st Division suspended deliberations on Pacquiao's petition for lifting of the BIR's warrant of garnishment or freeze order on his bank deposits and instead issued a gag order on both camps. Del Rosario issued the order after he was informed about mediation talks at the start of the scheduled hearing. The lawyers were also instructed to inform the court on January 16 about the outcome of the negotiations. Lawyers of Pacman headed by Jason Fernandez appealed to the BIR in open court not to issue another seizure warrant to cover other assets, including his mansions and cars. BIR lawyers said they're not qualified to make such guarantee as only the commissioner has the authority to do so. They said however that they were not aware that a warrant of destraint and levy (WDL) is in the offing. The case against Pacman stemmed from his alleged refusal to the present the original or true copies of his income tax returns filed with the Internal Revenue Service of the United States for the years of 2008 and 2009. 
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