Pacquiao seeks tax deal with BIR

ABS-CBN News

Posted at Apr 17 2017 06:33 PM

Pacquiao seeks tax deal with BIR 1
Senator and boxing champion Manny "Pacman" Pacquiao. Romeo Ranoco, Reuters/File

MANILA - Senator Manny Pacquiao is seeking a settlement deal with government on a P2.2-billion tax case, the head of the Bureau of Internal Revenue (BIR) said Monday.

The deficiencies represent unpaid income and value added taxes from 2008 to 2009 and the case is pending before the Court of Tax Appeals. 

Pacquiao insisted that local authorities could not tax him since he already paid duties in the US.

"We're still negotiating, but if you ask me, I hope they'll come and see me again. I hope they do it fast. It was only last month when we sat down," BIR Commissioner Caesar Dulay said. He did not elaborate on the proposed settlement.

Dulay said Pacquiao's lawyers approached the BIR last March.

"We're waiting for their camp to return and negotiate again. If Senator Pacquiao is listening, hopefully he can instruct his lawyers and manager to sit down with us," he added.

The world boxing champion was elected to the Senate last year after a two terms as Sarangani congressman.