A lot of netizen are angered on the move of BIR director Kim Henares on garnishing/ freezing the bank accounts of Manny Pacquiao this is in relation on a case filed by BIR 2-3 years ago. According to BIR upon their assessment Manny Pacquiao owned the government 2.2 billion pesos in taxes. The BIR is asking the camp of Manny Pacquiao for a copy of his tax return in the USA but instead the camp of the people champ only showed them a letter from Top Rank acknowledging that they have paid their taxes in the USA. As per Kim Henares this is not acceptable and what they are waiting is the copy of the income tax return that they filed at Internal Revenue Service USA.
Most of Filipino adores Manny Pacquiao and what BIR is doing againts the peoples champ for the most of us is very unacceptable. But we have to put aside our admiration to Manny Pacquiao and try to analyze what is really happening here. Whether we are a simple factory worker, government employee or businessman we need to pay our taxes in the case of Manny Pacquiao the BIR gave their assessment on how much his networth is and they gave 2-3 years for him to contest or reply on the said issue. Either his financial adviser or accountant neglected their duty on the premise that “HE” is Manny Pacquiao or his financial adviser or accountant made a lot of money in Manny Pacquiao expense. Either way I hope things could be ironed out on both side.