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Pacquiao asked: Why transfer taxes when you’re running?

26pacquiao3.jpg—World Boxing Organization welterweight champion and congressman Manny Pacquiao (L) of the Philippines looks at documents shown by his attorney Remigio Rojas during a news conference in Manila March 26, 2012. Pacquiao, vowed to fight to the finish until the final and last round the tax case against him saying it has affected his training for the June welterweight fight against U.S. boxer Timothy Bradley in Las Vegas. (MNS photo)

MANILA, Apr 2 (Mabuhay) – Boxing champ and Sarangani Rep. Manny Pacquiao can transfer his tax registration once again from General Santos City to a different district but only after settling any tax obligations in the region, a tax official said Monday.

“He can, but he has to write to us. He needs to settle tax obligations in his region first before he can be allowed to transfer,” Bureau of Internal Revenue Region 12 director Rozil Lozares said.

He also questioned why Pacquiao would want to transfer his tax registration when he plans to run for governor of General Santos.

“It will not look good for him politically because he announced he will run for governor here. It would not be good if he pays his taxes in another district. It’s his call,” he said.

The Philippine Daily Inquirer earlier reported that Pacquiao is planning to transfer his tax registration to either Manila or Laguna after he was sued by the BIR for failure to submit copies of his endorsement contracts.

Lozares said 8-division boxing champ has been transferring his tax registration in recent years. He said Pacquiao paid taxes in General Santos City in 2006 before transferring his tax registration to Pasig, and then Intramuros.

“It was the time that he paid lower taxes. For 2010, bumalik siya sa GenSan at nalaman namin na napakababa ang kanyang binayarang buwis. Kaya pinaimbistigahan po namin,” he said.

BIR Commissioner Kim Henares earlier said that Pacquiao paid less than P7 million in taxes for 2010. Pacquiao paid P125 million in taxes in 2008, and P7.41 million in 2009.

She said the case against Pacquiao will be dropped once he submits copies of his endorsement contracts.

How much will Pacquiao pay for 2011?

Lozares, whose office filed the contempt case against Pacquiao for his failure to submit documents, denied they were harassing the congressman.

He said cases similar to those filed against Pacquiao have also been filed against businessmen in Region 12.

“Maliban kay Pacquiao, may 4 na nai-file, kaparehas po ng kaso, violation ng Section 266, at may susunod pa na 3,” he said.

Pacquiao was sued for contempt by the BIR Region 12 Office for his failure to submit documents that would prove he paid the correct taxes in 2010.

Pacquiao earlier declared assets at the end of 2010 at P1.13 billion ($26.3 million) and no liabilities, making him the wealthiest member of the House of Representatives.

Lozares said they will keep an eye on Pacquiao’s 2011 income tax return filing as well.

“Si Congressman Pacquiao, eh mag-fa-file din siya ng ITR before April 15, so ayon sa regulasyon, doon namin titingan ang kinita niya sa 2011,” he said. (MNS)

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