After Manny Pacquiao’s victory from Macau, the BIR commissioner Kim Jacinto-Henares issued a warrant of garnishment (WG) freezing all of Pacquiao’s bank accounts regarding the latter’s alleged $50 million income-tax bill in 2008 and 2009.
- The Philippines national hero vowed to bring the fight to court. The tax case is now with the court of tax appeals.
Pacquiao insisted that he already pays taxes in the US and he earned his money from the punches he received from his opponent, not from DAF or PDAF, according to Yahoo report.
As expected, the Internal Revenue Commissioner is now reaping a whirlwind of resentment from the millions who idolize and love “the National hero/Peoples Champ”, especially fans from Sarangani Province.
And because of the freezing of all of his accounts, he is now borrowing money to aid typhoon Haiyan victims as he promised.
Philippine boxing champ He was named “Fighter of the Decade” for the 2000s (decade) by the Boxing Writers Association of America (BWAA), World Boxing Council (WBC) and World Boxing Organization (WBO). He is also a three-time The Ring and BWAA “Fighter of the Year,” winning the award in 2006, 2008, and 2009, and the Best Fighter ESPY Award in 2009 and 2011.
Philippine boxing champ is currently ranked number six on the Ring and the longest reigning top-10 on the pound-for-pound list.BoxRec ranks him as the greatest Filipino fighter of all-time.
He was long rated as the best pound-for-pound boxer in the world by some sporting news and boxing websites, including ESPN, Sports Illustrated, Sporting Life, Yahoo! Sports, About.com, BoxRec and The Ring from his climb to Lightweight until his losses in 2012.
Beyond boxing, Philippine boxing champ has participated in basketball, business, acting, music recording and politics. In May 2010, Pacquiao was elected to the House of Representatives in the 15th Congress of the Philippines, representing the province of Sarangani. He was re-elected in 2013 to the 16th Congress of the Philippines.