MANILA, Philippines—Boxing champion Manny Pacquiao’s tax woes are getting complicated. Entertainment website TMZ has reported that Pacquiao has $18, 313, 668.79 in tax debt that he owes to the Internal Revenue Services. Pacquiao’s new problems emerged after his current P2.2-billion tax debt…
Unreasonable. No amount of support from his peers in Congress would convince Malacañang to spare the boxing hero-turned-legislator from ever paying taxes. Communications Secretary Herminio Coloma told reporters at a briefing that granting world boxing champion and Sarangani Rep. Manny Pacquiao a…
MANILA, Philippines—The Court of Tax Appeals has rescheduled to January 16 the hearing on the petition of boxing champ Manny Pacquiao questioning the Bureau of Internal Revenue's writ of garnishment against his assets. Both Pacquiao's camp and the BIR agreed to…
MANILA, Philippines—Independent lawmakers led by Buhay party-list Rep. Lito Atienza have filed a bill that would stop the government from dipping its hands into boxing superstar Manny Pacquiao’s hard-earned winnings and those of other national athletes who win prizes and…
Manny Pacquiao will return to MGM Grand in Las Vegas for his next fight on April 12 against a still unknown opponent. “We’ll know before Christmas,” renowned promoter Bob Arum told Filipino sportswriters over the phone yesterday. The short list of Pacquiao’s…
MANILA, Philippines—The possibility of extending amnesty to world boxing champion Manny Pacquiao for allegedly misdeclaring his income in 2009 is “a bridge that is too far away yet,” President Aquino said on Tuesday. Aquino noted that Pacquiao, the representative of the…
Aside from what he described as the “usual stuff,” boxing star Manny Pacquiao gave away Bibles to evacuees who have taken temporary shelter in tents on the sprawling campus of Eastern Samar State University in Guiuan, Eastern Samar. The usual stuff,…
GENERAL SANTOS CITY, Philippines—Boxing champ and Sarangani Representative Manny Pacquiao would rather keep his silence these days about the P2.2 billion tax deficiency case he is facing. “I will no longer issue any statement,” he said Friday. Pacquiao, who spoke to reporters…
World boxing superstar Manny Pacquiao “technically misdeclared” his income in 2009 when he stated in his tax return that he earned only less than P50 million in the Philippines and when he failed to include his earnings from his two…
MANILA, Philippines—Bureau of Internal Revenue (BIR) Commissioner Kim Henares is not aware of boxing champion Manny Pacquiao’s tax liability in the United States. “They do not coordinate with us nor us to them,” Henares told INQUIRER.net over the phone. On whether it would affect the BIR’s bid to collect tax from Pacquiao, Henares declined to give details saying the Court of Tax Appeals had already issued a gag order. READ: Pacquiao owes IRS…
3 hours ago / Read More »
MANILA, Philippines—Boxing champion Manny Pacquiao’s tax woes are getting complicated. Entertainment website TMZ has reported that Pacquiao has $18, 313, 668.79 in tax debt that he owes to the Internal Revenue Services. Pacquiao’s new problems emerged after his current P2.2-billion tax debt to the Bureau of Internal Revenue was revealed by Commissioner Kim Henares last month. TMZ has acquired official documents from IRS showing Pacquiao has tax debts from 2006 through 2010. The year-by-year…
8 hours ago / Read More »SACRAMENTO, California—Expect Manny Pacquiao to avoid fiscal landmines when he returns to fight in the United States in April of next year. Currently locked in a tax dispute with the Bureau of Internal Revenue in Manila, Pacquiao will surely train at the Wild Card Gym of his long-time trainer Freddie Roach in Hollywood, California. But the eight-division world champion, still a marquee name in boxing after his easy victory over Brandon Rios…
3 days ago / Read More »
MANILA, Philippines -- Top Rank Promotions honcho Bob Arum believes that Russian boxer Ruslan Provodnikov wants to fight boxing icon Manny Pacquiao, contrary to earlier reports. The Hall-of-Fame promoter told Boxingscene.com's Keith Idec that Provodnikov talked to him directly just after Pacquiao's unanimous decision conquest of Brandon Rios last November 24. "I really believe that the Russians want to do that fight,” Arum said. "... after the fight Ruslan was in the…
5 days ago / Read More »
Unreasonable. No amount of support from his peers in Congress would convince Malacañang to spare the boxing hero-turned-legislator from ever paying taxes. Communications Secretary Herminio Coloma told reporters at a briefing that granting world boxing champion and Sarangani Rep. Manny Pacquiao a lifetime tax exemption would be “unreasonable” since “paying taxes is one of the basic obligations of every Filipino citizen.” Tax exemptions are based on one’s capacity to pay, he said. In a…
5 days ago / Read More »
MANILA, Philippines -- NBA superstar Kobe Bryant said he took inspiration from Filipino boxing champion Manny Pacquiao in creating Nike Zoom Kobe 9, his latest shoe design which was unveiled this week. Bryant, who gave low-cut shoes a whole new life all over the world these past few years, decided to take a step in a different direction this year after watching Pacquiao train for a fight. "I was with Pacquiao, watching…
5 days ago / Read More »Portland snaps Oklahoma streak PORTLAND, Oregon—LaMarcus Aldridge had a season-high 38 points and added 13 rebounds and Portland snapped Oklahoma City’s eight-game winning streak with a 111-104 victory Wednesday. In Atlanta, Kyle Korver tied the NBA record for consecutive games with a three-pointer and scored a season-high 23 points in the Hawks’ 107-97 victory over the Clippers. Korver, returning from a bruised rib that sidelined him the last four games, tied Dana Barros’…
6 days ago / Read More »
MANILA, Philippines -- Top Rank honcho Bob Arum said that the pay-per-view buys from the Manny Pacquiao-Brandon Rios clash last November is "in the area of 500,000," which is less than half of what was generated in the Filipino boxer's fight in 2012. While Arum still could not provide an exact figure, the Hall-of-Fame promoter told ESPN.com's boxing writer Dan Rafael that the PPV buys won't be significantly less or more…
6 days ago / Read More »Pacquiao owes IRS $18M – report
Palace unmoved by Pacquiao backers
Tax court resets hearing of Pacquiao petition to Jan 16
Allies seek tax exemption law for Pacquiao
Pacquiao grants cancer-stricken fan’s wish
Pacquiao, BIR in out-of-court negotiation
Bill seeks lifetime tax exemption for Pacquiao for ‘making Filipinos proud’
Court gags Pacquiao, BIR over tax suit
Sight of destruction, human misery makes Pacquiao cry
Pacquiao visit makes survivors forget woes
Pacquiao brings momentary cheer to Yolanda survivors in Tacloban
MGM for Pacquiao’s next fight; foe unknown
Too early to talk of tax amnesty for Pacquiao
Pacquiao gives away cash, Bibles in Samar
