Henares opposes bills seeking to exempt Pacquiao from taxes

Posted at Dec 06 2013 12:08 AM | Updated as of Dec 06 2013 08:08 AM

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Bureau Internal Revenue (BIR) Commissioner Kim Henares called the proposal to exempt Sarangani Representative Manny Pacquiao from income taxes for life unfair.

Henares said some ordinary Filipinos put their lives at stake in their line of work, but are not given tax breaks.

She added that if Pacquiao will be granted a lifetime tax exemption, based on the bill filed by Valenzuela City Rep. Magtanggol Gunigundo, celebrities and other athletes, who also give honor to the country, should also be exempted.

Section 3 of Gunigundo's Bill reads,"The state shall confer lifetime individual income tax exemption to boxing icon Emmanuel Dapidran Pacquiao, also known as Manny Pacquiao, who has given outstanding honor and pride to the Filipino people." -- ANC, World Tonight, December 5, 2013