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Henares reminds Pacquiao: Settle P2.6-B tax deficiency

MANILA (Mabuhay) – A day after he regained his WBO welterweight title, boxing champ and congressman Manny Pacquiao still faces a tough fight against Bureau of Internal Revenue (BIR) Commissioner Kim Henares. Henares once again reminded Pacquiao to settle his previous tax...
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Henares: I hope Pacquiao will win vs Bradley

MANILA (Mabuhay) – Bureau of Internal Revenue (BIR) Commissioner Kim Henares and Sarangani Lone District Rep. Manny Pacquiao may have locked horns in the past due to the Filipino boxing champ’s P2.2 billion tax woes, but with the Pacman’s impending April 13 fight with WBO...
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BIR chief Henares: Relaxed Bank Secrecy Law soon a global standard

MANILA  (Mabuhay) – Bureau of Internal Revenue Commissioner Kim Henares on Wednesday clarified the repeal of the law on bank secrecy is not a priority but the Philippines should initiate it now as it will be a global requirement. “Sooner or later we will be forced to go into that...
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PHL doctors slam portrayal as ‘tax cheats’ in gov’t ad

MANILA  (AFP) – Furious Philippine doctors Wednesday demanded the government withdraw newspaper advertisements which they claimed portrayed them as tax cheats, days after Manila launched its latest campaign against tax-dodging in the private sector. The government ads, which ran...
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Pacquiao owes US tax agency $18-million – report

MANILA  (Mabuhay) — The United States’ Internal Revenue Service (IRS) is reportedly running after boxing champ Manny Pacquiao for failing to pay more than $18 million in income taxes, according to celebrity website TMZ. TMZ said it has gotten official documents...
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BIR thumbs down higher tax exemption for 13th month pay

MANILA  (Mabuhay) – A proposed law seeking to increase the tax exemption cap for the 13th month pay, Christmas bonus and other benefits will lead to billions of pesos in losses for the government, according to the Bureau of Internal Revenue. Internal Revenue Commissioner Kim...
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BIR imposes lien on Pacquiao’s Forbes Park home

MANILA  (Mabuhay) – The Bureau of Internal Revenue has imposed a lien on boxing champ Manny Pacquiao’s house in posh Forbes Park, in connection with the P2.2 billion tax case. BIR chief Kim Henares said the bureau has already put a lien on the Forbes Park property. A lien on the...
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Arum tells BIR chief: Get IRS document yourself

MANILA, Nov 27 (Mabuhay) – Top Rank chief executive Bob Arum on Wednesday criticized Bureau of Internal Revenue (BIR) Commissioner Kim Henares over the tax case of Filipino boxing superstar Manny “Pacman” Pacquiao. Arum said Henares should have asked the U.S. Internal Revenue...
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BIR demands Pacquiao pay $50-M

By J.R. Alibutud MANILA, November 27, 2013 (AFP) – Philippines authorities demanded Wednesday that boxing great Manny Pacquiao pay a $50 million tax bill or risk having assets seized, but the national hero vowed to take the fight to court. The battle between one of the best...
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Most foreign aid not directly given to PHL gov’t – Henares

MANILA (Mabuhay) – While foreign governments have pledged millions of dollars in donations for relief efforts in the Philippines, the government is not actually getting its hands on most of the funds. Bureau of Internal Revenue (BIR) chief Kim Henares clarified that foreign...
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