Archive

Archive for December, 2013

UPCAT 2014 results released (very early), view here

December 24, 2013 Leave a comment

University of the Philippines
UPCAT Results 2014 Online
(For incoming freshmen of AY 2014-2015)
MAIN SITE | Preginet Mirror | Stickbread Solutions Mirror

Last Update: December 23, 2013
PAGE NAME RANGE
1 ABABON, MARC FAITH RODRIGUEZ – ABING, PRINCESS CLAIRE SANGAG
2 ABIOG, MARKUS LAN – ADOLFO, PATRICIA JUDE RUFIN
3 ADONA, YEDDA VICELLE CABANADO – AGUILAR, SUNSHINE MAE SARCON
4 AGUILLO, LORENZO RIEL ARROYO – ALCANTARA, JOHN DARYL CANGCO
5 ALCANTARA, MARCOS ANTONIO JR SALVADOR – ALLESA, FEMMA BETH PENAFLORIDA
6 ALLI, ZERLENE CACHOPERO – ALVIOR, SILVERIO JR PAQUERA
7 ALVIZO, BRYLE JACOB DAKAY – ANDAN, WINDEL ASUMBRADO
8 ANDAN, YSABELLE BIANCA MANATAD – ANTIQUINA, DIEGO JR QUISEL
9 ANTIVO, DIANNE PATRICE CABARRUBIAS – ARANAS, MARIE BEATRICE ANNE SANTIAGO
10 ARANCES, PEVIE JOY GARCIA – ARISTOZA, JOSHUA ADRIAN ALAVA
11 ARIT, MATT ELTON CULATA – ATINAJA, IVAN GABRIEL DE LEON
12 ATOK, CHILET MAR CAPILLAS – BACUS, CIARA MAE MENCHAVEZ
13 BACUS, IZZEAH PHI OLLANAS – BALBUENA, ALVIL DE GUZMAN
14 BALBUENA, JO-MARIZ CABANSAY – BANAGA, NITROM AEDAN OCAMPO
15 BANAN, DAN ECUAN – BARLUADO, BEA SAMANTHA ESOY
16 BARNES, KASSANDRA DANIELLE TORRES – BATAUSA, EZRA DEB DEMATA
17 BATAYOLA, ANNIE ROSE REYES – BAYNO, JANE LORLYN SOLASCO
18 BAYNOSA, MARY MEL BALACUIT – BERINGUEL, JEREMIAH ASVAR
19 BERIONG, KARL VINCENT JOSEPH – BLANCO, BRIANNE JOVELLE BAUTISTA
20 BLANCO, JOHN MICHAEL ALBACITE – BORJA, CLARISSA MAE ARRIOLA
21 BORJA, DAN ANTHONY SAGUSAY – BUENAVENTURA, PATRICIA GABRIELLE SAGAD
22 BUENAVISTA, CARLO JAE CAOILI – CAANDOY, JAPHETH INCISO
23 CAASI, KAMILLE NADEEN CAPILI – CABUGAO, ARVIN SORIANO
24 CABUHAT, JUSTICE CALALO – CALANTUAN, EARLE MEDIODIA
25 CALAPATIA, ANDRE MARVIN ABANES – CAMOCON, IRA MARIE CALAPARDO
26 CAMORO, NIKKA MANOJO – CAPACIO, LIZANNE DALE VILLAGRACIA
27 CAPALUNGAN, DANICA ANN DEMILLO – CARPENTERO, TRISHA IVY SOLUGAN
28 CARPINA, RENATO CAPUPUS – CASTILLO, MA ANDREE ISABELLE MAGCAMIT
29 CASTILLO, MARIA ANGELLICA DELA CRUZ – CAYCO, ANNA ISABEL TORRALBA
30 CAYETANO, OLEGARIO III RODRIGUEZ – CHAVEZ, MITZI LITAN
31 CHEETHAM, MARK CHRISTOPHER DIAMANTE – CIRUJANO, NOEL CLARO
32 CISNEROS, JOYCE CANTRE – COMENTA, CELINE DANIELLE VILCHES
33 COMETA, SHANNEN GUTIERREZ – CORPUZ, HANNAH MAE TAMPUS
34 CORPUZ, JANDEEH OSAM – CRUZ, JOHN TRISTAN USON
35 CRUZ, JOSHUA ROLAND BUNDOC – CUSTODIO, CHRISTIAN JOEL DEL MUNDO
36 CUSTODIO, CLARENCE DANIELLA JARDIEL – DANAN, JOSHUA RENZ DIWA
37 DANAO, DEO CARLO RAPANUT – DE CHAVEZ, CEDRIC KIRSTEN VISAGAS
38 DE CHAVEZ, ILAH RUTH PRADO – DE LEON, EDMUND ARVIN DUCUSIN
39 DE LEON, ERIKA GABRIELLE ATIENZA – DEIPARINE, JESMAE ANRIL NGOBOC
40 DEITA, CHRISTOPHER VAN ABOJADO – DELA CRUZ, NOBRAY MAE OCAL
41 DELA CRUZ, PAMELA ROSE FERNANDEZ – DELOS REYES, NICOLE PEREZ
42 DELOS REYES, PATRICK LINUS DIAZ – DIAZ DE RIVERA, JEREMY KARL BARLAAN
43 DICHE, NEIL CHRISTIAN CABADOR – DIZON, LEYAH CHRISTINE TAN
44 DIZON, MARIA NICOLE MONTEMAYOR – DULAY, STEPHANIE GAYLE PATACSIL
45 DULIN, MARIA ANGELA RUMA – EDORIA, TIMOTHY JAMES PALER
46 EDRADA, ISAIAH EMMAN ANFONE – ERASMO, ARIANNE JADE CORONADO
47 ERASMO, MAE CELINE CERINO – ESPINO, GUILLERMO ANTONIO BELO
48 ESPINO, LAWRENCE RAY OPPUS – EUSTAQUIO, RACHEL AN AGNESE CALVARIO
49 EVANGELIO, PINKLE THERESE GABANAN – FAWAYAN, JANNAH JOBE CUILAN
50 FAYLOGA, CHARLOTTE ANGELA BARREDO – FERRER, PATRICIA MANECLANG
51 FERRER, RAILENNE MAE MATUBANG – FORTUN, ISABELLA THEAMAREE BANDA
52 FORTUNA, CHRYZLLE DANNE INTONG – GABUTIN, RETSEL GRACE TIPDAS
53 GACAYAN, KAREN ANN LUZON – GALZOTE, ROCK ELDRICK ABRAN
54 GAMAD, THEA ELLAINE POBLETE – GARCIA, MARY FRANCINE TUPAS
55 GARCIA, NICOLE VALLEJA – GEDORIO, ALESSA JUANITAS
56 GEGANZO, IAN ADAM GENOVATE – GLORIOSO, LEO NINO EUDEN
57 GO, ALDRIC LEANDER CORTES – GONZALES, JAN PATRICK LLAMAS
58 GONZALES, JANINE MAE DAVID – GUEVARA, JUSTINE CHLOE VALENTINO
59 GUEVARRA, BEATRICE MACEDA – HABLADO, JESSA TADIFA
60 HABUYO, MANICHIE PUBLICO – HIBIONADA, DOMINIQUE ISHMAIELLE SUMILLANO
61 HIDALGO, JOHN FRANCIS VILLAROJO – IGNACIO, NOLI II GARCIA
62 IGNACIO, PATRICIA MARIE EUGENIO – IWAG, LIZA MINA LORRAINE DIGNADICE
63 IWAMA, YUICHI GARSOLA – JAVIER, JOHN ARVIN ANGALA
64 JAVIER, KRISTINE JOY TUBIANO – JUANTONG, JEMIMAH ANNE SEE
65 JUAREZ, BRIDGETTE MENZON – LABASTIDA, CHINEY LAMAY
66 LABAY, ALMELYN RICARDE – LAMASAN, ANNIE MAIDO
67 LAMASAN, VINZ CONRAD BATARA – LATORRE, ERLA ECLIPSE
68 LAU, STEFFI RENEE TEH – LEE, KENDRICK KLYDE YU
69 LEE, KRISTINE JOY LIPAT – LIGAHON, XANDRIA MAE ROTAQUIO
70 LIGAN, ELJEAN RACHEL BALLENER – LIU CHIANG, DYMPHNA ROSE RAMOS
71 LIVETA, AIKHA GENE REGIS – LOPEZ, JAIME BERNARDO DE GUZMAN
72 LOPEZ, JAMES RUSSEL SALMASAN – LUMANTA, DWIGHT SETH VARQUEZ
73 LUMAYAD, STELLA MARIS PAGAYUNAN – MACAPONDAG, PAULINE IANNE CASTRO
74 MACAPUA, NICOLE INDICO – MAGHIRANG, MARINELLA CAPINA
75 MAGHUYOP, MA HANNAH GALON – MALLARI, JULEEN EVETTE DELA MINES
76 MALLARI, KATHERINE ANN DESENGANO – MANDADERO, ALEXANDRA JEANNE
77 MANDADERO, RICHELL CORDERO – MANWANI, SUNIL RAM VATWANI
78 MANZANARES, JOHN RICK DOLOR – MARINDUQUE, KELLY ABATAYO
79 MARINO, MARIA GRACELA AMORA – MATAAC, JOHN JEROME GUADALUPE
80 MATABANG, BERTRAM DAVID BAUTISTA – MELAD, JEORGINA KAMELLA LUANSHYA TOMALE
81 MELANO, KHAYZEL JOY ESPIRITU – MERCADO, CHRISTIAN CARL BRINAS
82 MERCADO, DAPHNE ANGELINA TAGUNICAR – MISAGAL, CASTER GANNI MARIANO
83 MISON, REGINA ELENA DE CASTRO – MONTILLA, ERIKA JULLIA FULLIDO
84 MONTILLA, RACHEL RUTH BULACSO – MUTUC, LORAIMA TOLENTINO
85 MUTYA, MYCAH HELENA VILLARTA – NAVARRO, JEBRHAM CELEBRIA
86 NAVARRO, JOANNA SAMANTHA REYES – NOBLES, JERALD CHARLIE CERENO
87 NOCHE, JAMIE JOICE GENEROSO – OCALENA, JOHN VINCENT SALIBIO
88 OCAMPO, ANDREA JANE FRANCISCO – OMBAO, BILL LANCE ALMAZAR
89 OMBID, ANGEL MAE OPELANIO – ORNALES, KRYSTAL ANNE ZARCO
90 ORNOPIA, SHAINA MAE ABAMONGA – PACIS, CHANTAL FAYE ENCISO
91 PACLIBAR, RENZEL KYLE ENDRIGA – PALARUAN, ED BREINNER DANIEL
92 PALASAN, NIKKI ROSE CAJARTE – PANGAN, ELAINE MARGARETTE DUCOS
93 PANGAN, JUSTINE WILFRED BIE – PARK, SINE HYE
94 PARK, SUK JOO – PAZON, MAE ANNE SHAILYN
95 PE, MARIA KARINA VILLAR – PEREZ, GRASZE ANNE ALMONTE
96 PEREZ, HARLENE VALDEABELLA – PINEDA, ERNEST GUILLER SUGANOB
97 PINEDA, GIFERN – PONCO, KRISTINE YSABEL YAPTINCHAY
98 PONFERRADA, MARTHA LOUISE CHU – QUE, DIAN AGUSTINE UY
99 QUE, JASPER BIGSAT – RABAGO, HELIMAR MIRANDA
100 RABAGO, NICCOLO TIBIGAR – RAMOS, KIS TRYVL CABASAG
101 RAMOS, KRISTA MAIKA ILAGAN – RECASATA, KEN APOSTOL
102 RECCION, MARIA VICTORIA BUCAL – RESURRECCION, SAM ALDWIN VILLAR
103 RETAMAL, RALPH CHESTER DONA – RICARO, CRIZEL RUTH GHELMAE GONZALES
104 RICARTE, CHELE SHAMMAH PADILLA – RODIS, MICHAELLA GAMARA
105 RODRIGUEZ, CAMILLE ANN GARCIA – ROSARIO, JOSHUA MATTHEW DEVERALA
106 ROSARIO, MARY MARGARETTE HERIDA – SACEDOR, NICK ORLAND VAPOROSO
107 SACOTE, JON LOEWI DECAMOTAN – SALO, ELV NHIEL DESCALSOTA
108 SALOMA, FLOREILLE MARIE FORRO – SAN JUAN, RATZIEL AGUSTIN
109 SAN LUIS, PATRICIA PADILLA – SANTIAGO, MAJESTY SUSSY GALINATO
110 SANTIAGO, MICHAEL IAN ALMAZAN – SAQUIAN, JECAH ANGELU SECONDES
111 SAQUIDO, MA CELINA JOY MORIN – SEGAYA, YAJAIRA JOY
112 SEGISMUNDO, BERNADETTE MAE LEYESA – SI, REN JOSEPH MAPANAO
113 SIA, CHESKALENE MORCO – SISON, MARA NADINE CARANTO
114 SISON, SAMANTHA GRACE PADERON – SOSING, MAEVIVIENE VILLAMOR
115 SOTELO, AERONE JAY DE CHAVEZ – SUNDIANG, ISABELLE THERESE BERNAL
116 SUNDO, MARTIN JOSEPH ROBLES – TACAISAN, DARRY KHATE TAGARAO
117 TACANDONG, AERIEL CASTILLO – TAMPEPE, KAYZA GILL ALBARILLO
118 TAMPIL, MICAH JUSTINE TIU – TANGLAO, NATHAN HOPE DIZON
119 TANHUECO, LEMUEL JIMENEZ – TENEDERO, VERNICE JOY TUYOR
120 TENEFRANCIA, JOY TRAVINA – TIU, MICHELE ASHLEY CO
121 TIVIDAD, MELINDA MARIE MENDOZA – TORRES, JONATHAN DELA FUENTE
122 TORRES, JULIENNE THERESE UY – TUMAMBING, MARIBETH CANTOS
123 TUMAMPIL, MARIA TERESA LOUISE LACTUAN – URSUA, LEEANN SORIA
124 URSULOM, DANELLA FAYE MULLE – VALERIANO, TONI MAE
125 VALERIO, CHARLES PHILLIP ROSARIO – VELOSO, PAMELA BORRA
126 VENANCIO, CHRISTINE SHAYNE SOLINA – VILLAERA, KIANA ALESSANDRA VILLANUEVA
127 VILLAFANA, FRANCIS JOSHUA MERIA – VILLARUEL, DIANNE THERESE PEDRIGOSA
128 VILLARUEL, JOESA LYN LOZANO – WENCESLAO, STEPHEN JOHN MATTHEW CHUA
129 WIJANGCO, IYA NOELLE MANUNTAG – YEO, JONATHAN BULADO
130 YEPES, ANNA LYN GUINGAB – ZAMUDIO, GABRIEL PORCALLA
131 ZANTUA, GENESE FAYE LOPEZ – ZURITA, FEDERICO MODESTO
UPCAT Online | University of the Philippines ]

Hit Counter: 3,172,738 

source : http://upcat.up.edu.ph/results/

a lawyer’s exhaustive take on Manny Pacquiao’s tax problems or “why Pacquiao’s lawyers & accountants failed him”

December 3, 2013 Leave a comment

verbatim:

A LAWYER’S TAKE ON PAQUIAO-BIR BOUT: AN INSTANT LESSON ON TAXATION 

Reposted below is Atty. Raymund Fortun’s discussion.

What DOES the law say?

The Bureau of Internal Revenue (BIR) levies income tax on taxable income from within and outside of the country on all citizens of the Philippines, even those working abroad. Of course, another country (e.g. the US) also has the right to tax people for incomes earned within its jurisdiction. In order to avoid the unfair situation where a Filipino earns income abroad and taxed there and is subsequently obligated to pay taxes for the SAME income as a Filipino citizen, the Philippines and the US have an income tax convention as early as 1976, providing for “Relief from Double Taxation”. So without having to bore you all with details, it is possible for a Filipino working abroad to be slapped with taxes by the US, but can use this fact as a “Tax Credit” in filing his income tax return

in the Philippines.

So what does the Pacman have to do to avoid being taxed twice?1. He has to pay taxes in the US for income earned therein.

2. He has to secure the official IRS form that the taxes have been paid. A CERTIFICATION FROM TOP RANK BOXING JUST WON’T DO.

3. He has to file an income tax return in the Philippines for the year covered. NOTE that the Pacman has other incomes aside from boxing, such as TV advertisements, product endorsements etc.

4. He has to submit the IRS “tax-paid” form and other tax-withheld forms to support his claim that he should only pay X amount of tax.

5. He should answer in a timely manner all letters sent by the BIR, including assessment notices.

6. If he does not agree with the assessment, he should then avail himself of legal remedies as provided under the Internal Revenue Code.

If he did NOT do any of these, then the BIR has the right to impose the appropriate tax on him, and to run after his properties in the process. Again, it must be stated: DURA LEX, SED LEX. The law is harsh, but that is the law. If the Pacman violated the law, then he should be held answerable.

In response to some of his followers’ queries, Atty. Fortun provided these additional explanations.

1. The obligation to file an income tax return belongs to the taxpayer; it is NOT the taxman’s job to make inquiries to another taxing authority. I am certain that several notices/letters were sent to Pacman to explain his incomes and taxes due before the Writ of Garnishment was issued.

2. What Pacman should have done is demand from Top Rank the Certification of Tax Withheld (W-2 in the Philippines) and, if this was not given, to secure from the IRS the needed form. I’m certain that Pacman has good lawyers and accountants to make the proper filings before the problem became too big.

3. Tax liabilities NEED NOT reach the point where the BIR has to issue a Writ of Garnishment.

BIR chief Kim Henares

Most taxpayers who are caught not paying the proper taxes just resort to SETTLING THEIR TAX LIABILITY through compromise agreements. The reason why the BIR went hard at Pacman because he appears to have ignored the various assessment notices issued, or even paid under protest man lang.

4. “Why me, when everyone is doing the same thing?” If there is anyone who is converting this into a political issue, it’s Manny Pacquiao. The issue is simple: DID HE PAY PROPER TAXES OR NOT? DID HE PROPERLY FILE HIS INCOME TAX RETURNS? If the answer to both questions is in the negative, then the BIR is correctly running after his winnings. Enough of the “maraming kurakot diyan na hindi dine-demanda”. If he knows of such corrupt people, point them out to the BIR so that they can also be subjected to tax notices.

5. People, just check the Pacquiao camp’s “defense”:

1. I just brought honour to the country, and this is what you repay me? How dare you!

2. There are other people who do not pay proper taxes, and yet i’m the one who is issued a Writ of Garnishment

3. Why have you not garnished the accounts of the senators in the PDAF scam?

4. I will make a loan just to give relief goods and visit Tacloban

5. I am with the opposition, hence, i’m being singled out

See? All preying on the public’s emotions.

The issue is really quite simple — IF HE DECLARED HIS INCOME PROPERLY, THEN THERE IS NO CASE REGARDLESS OF WHETHER HE’S IN THE OPPOSITION OR NOT, WHETHER HE WINS OR LOSES HIS FIGHTS. He has enough money to hire the best lawyers and accountants to fix his tax problems BEFORE they became problems. That’s the difference between him and Lucio Tan — LT hires the best people to make sure that he does not have any legal issues with the government.Re: the PDAF scam, please be informed that the BIR has already filed a tax evasion case against Janet Napoles, her daughter and brother. As to the senators/congressmen, their time will come. However, it may be more difficult to file tax evasion cases because there is no paper trail (as BenHur Luy and the other whistleblowers have testified). When there is no declared income, the BIR cannot just tax. Manny Pacquiao’s fight purses, on the other hand, are a matter of public record.

6. Question: “bakit nafreeze agad mga accounts nya? Bakit si Sexi and Pogi hindi nangyari yun eh may mga under declared din sila na mga income and properties…”

Because Manny’s case had been pending before the BIR for sometime. On the other hand, and to this day, nobody has admitted being Sexy and Pogi, and Jinggoy/Bong have denied having received any amounts. When the criminal cases have been filed with the Sandiganbayan, THEN and only then can the government move to freeze their accounts.

7. Question: “Bakit kung kaso ni Lucio Tan, hindi agad sila nag-issue ng WG? hanggang sa maapila yata ni Lucio Tan yung Tax Evasion at maging pabor sa kanya, walang WG n nilabas ang BIR. sabi nun tax expert from Las Vegas, taon daw **** inaabot if kukuha ka ng certified true copy sa IRS?”

I do not know the complete details of Lucio Tan’s case, but I have reason to believe that LT’s lawyers did the proper legal steps — filed a case before the Court of Tax Appeals and secured a TRO to prevent the issuance of a Writ of Garnishment. Simply put, smart ang mga abogado ni Lucio Tan.

I’m not too sure that i can accept the possibility that the US IRS is soooo inefficient that it would take years to issue a certified copy of a tax payment.

8. So now people question the timing. If the BIR enforced the WG before the fight, AND pacquiao got distracted enough to lose the fight, you would all be up in arms and say, “sana hinintay nyo na lang after the fight! Ayan tuloy, natalo!” The situation is called ‘damned if you do, damned if you dont’. Somehow, I accept the BIR’s move to enforce the WG after the fight.

I go back to the basic premise. If he filed his returns properly, we wouldn’t even be having this thread now. He has nobody but himself to blame.

9. Question: “Are you also implying sir that Filipino OFWs working in countries that have no income tax convention with the Philippine government are still mandated by law to pay income taxes with emphasis to the Middle East (wherein tax rates nearing 0%)?”

As a general rule, all Filipinos are obliged to file tax returns and pay taxes for income inside and outside the country. Thats the law.

10. TO ALL OFW’s:

According to Revenue Regulations No. 1-2011, the wage or income of an OFW that is earned out of the country is exempted from income tax. However, the earnings of an OFW from a business venture or any other property in the Philippines is subject to tax obligations.

Remittances from OFWs are also exempted from the documentary stamp tax (DST). However, according to BIR rule, in the case of OFW remittances sent through banks, the recipient is required to show proof of entitlement to DST exemption such as OEC or Overseas Worker Welfare Administration (OEC) certificate.

All OFWs also enjoy exemption from paying travel tax and airport fees, although they are required to show proof that they are legal migrant workers.

11. Pacquiao is “targetted” because his income is a matter of public record. Fight purses are announced even before the fight. The enormity of the amounts involved justifies the extra effort to collect. Finally, I cannot discount the possibility that politics has a hand in government actions. Whether this is a smokescreen to mask other existing (or future) issues is not for me to speculate on.

12. I saw Pacquiao’s interviews during the first day. He kept harping on the certification given by Top Rank. Posible na hindi lang sya marunong magpaliwanag siguro. But as a matter of legal practice, a Certified Copy is usually acceptable, and NOBODY asks for originals.

Lastly, income tax is based on gross income less expenses. Salaries and commissions are deductible expenses. Hindi ko po masasagot if Pacquiao, in his ITR, already deducted these expenses from his net income subject to tax.

13. Anyway, this tax case has been pending for 2 years. If indeed the BIR was asking for a DUPLICATE original, then it would not have been hard to: (1) inform BIR to give him time to secure the requested form, and/or (2) pay the necessary fee — US$50? — for the IRS to produce the needed form. Sa mga interviews ni Pacquiao or his lawyers, wala akong narinig that they sent BIR letters to explain why they could not produce the needed docs. That the Writ of Garnishment was issued shows that’s Pacquiao was given AMPLE TIME to defend himself/present documents but whatever he gave was not acceptable under the BIR rules.

14. Question: ” kapag ba hindi ka nagfile ng ITR sa BIR, automatic kakasuhan ka nila ng Tax Evasion?”

Oh yes! Dapat talaga mag-file Ng ITR kahit Zero pa ang tax na babayaran. More so yung mga high-profile na income earners. Madali po mahuli yung hindi nag-file Ng ITR kasi computerized po.

15. Question: “Well, Pacman is an easy target! why don’t we hear about false declaration of assets among celebrity politicians?

Because celebrity politicans are NOT the issue.

16. Early on I had said that Pacquiao’s income is a matter of public record. When boxers sign up for a match, the purses are made known to the public. This is beyond dispute and impervious to challenge.

Thus, when Pacquiao declared ONLY Php50 Million (less than $1,300,000) as income, it doesn’t take a rocket scientist to figure out that HE DID NOT FILE A CORRECT INCOME TAX RETURN. The 50M may probably only cover his income from product endorsements and TV commercials here in the Philippines. It is so clear that he did NOT declare his revenues (fight purse and pay per view) for fights abroad.

The BIR most certainly will send him a deficiency tax assessment. The legal remedy is to file a revised ITR and pay additional taxes thereon. The Writ of Garnishment is the end result of Pacquiao’s failure to pay his taxes properly.

17. I dont blame people for saying that politics is involved. But the fact of the matter is pretty simple: did he pay his taxes properly or not?

Does the government stay away from collecting taxes due, out of fear that people will point out that he supported a different candidate during the elections?

When is the right timing? If the BIR froze the accounts BEFORE the fight and Pacquiao lost, wouldnt people blame the BIR for the loss? It’s a “damned if you do, damned if you don’t” situation because of the personality involved.

18. Question: “Bakit sabi ni Henares sa PressCon nya, hindi na daw pwede i-revise yun ITR ni Pacquiao?”

He can’t revise it NOW because the process has run its course. He had a chance TWO YEARS AGO to do it.

It’s a tax case but a legal case as well. There are PERIODS for doing certain things. Once the period lapses, then a judgment becomes final. Pretty elementary po.

19. Comment: “BIR is now asking Manny to pay AGAIN! Double taxation is ILLEGAL.”

My main post is about the procedure to avoid double taxation. Tama po, it is unfair to be taxed twice. I am sure the IRS got its share. So it was just a matter of Pacquiao doing what our BIR requires — submit official docs to prove that he has been taxed. Apparently he did not. When the assessment came, his accountants/lawyers did not even protest; thus, the assessment became final.

Do note the government’s argument: Pacquiao only declared 50M as income in 2009. It is blatantly clear that he underdeclared. Sorry po, sana wag nyo paandarin ang conspiracy theories because the issue is so so simple.

20. People keep saying that Lucio Tan’s assets haven’t been frozen.

Lucio Tan hires the best lawyers and accountants to defend him and file the right docs. THAT, my friends, is the key difference. So please stop the Lucio Tan comparisons because, frankly, there is NO comparison.

21. Question: “Well the question still persist: do we have the accurate information with regards to this fiasco? What do we have: 50M as under declared income 2009 and supposed unprotested BIR assessment by Pacman’s lawyers and accountants…”

I believe that info is more than enough po. Do the math because you can easily verify it by googling it. How much was the purse of Pacquiao for his fight in 2009? More than Php50M ($1.2M)? He definitely did not declare properly. Don’t blame the accountants either. Remember: WE ALL SIGN OUR ITRs. Manny knew or ought to have known that what was filed was not accurate.

22. We are ALL commenting based on known facts. And yes, we should all concede that we dont have all the facts. That is why my main post says ” IF he did not do ANY of these…”. As you see, my opinion is a CLINICAL discussion of the law and the facts.

I wonder who is arguing on the basis of emotion and not on blind and simple logic…

23. The law is there, and laws are inherently for the good of all. HOW the law is applied defines the goodness of leaders.

Kaya I can accept people asking for compassion or maybe questioning the timing. In such instance, the law is not being questioned but HOW it was implemented here.

But “baket si Lucio, hindi nafi-freeze” or “kurakot ang gobyerno” or “pinupulitika si Manny” or “baket si Corona/Napoles” are fallacies in argumentation because they do not address the issue; instead, they point at ‘facts’ that do not in any way help in answering the real issue.

24. Kung nagkulang si Pacquiao kasi hindi nya binigay ang pruweba na nagbayad sya, then he should just own up to his stupidity instead of raising non-issues and playing with the public’s emotions.

25. Two things: (1) underdeclaration of income and (2) failure to present proof of payment. I am 100% sure na nagbayad si Pacquiao ng tax sa US but if he failed to declare properly AND/OR failed to give proper documentation, then he has nobody to blame but himself for his predicament.

26. The fact that he paid taxes in the US does not mean that he has NO tax liabilities in the Phils.

What he paid are for revenues in the US. He also has revenues in the Phils. One’s tax liabilities in the Phils = revenues in and OUTSIDE the Phils less expenses less tax credits. The higher your revenues, the bigger your tax liability. By declaring only 50M, malaking kakulangan sa gobyerno.

27. A news article says “DOJ junks tax case vs Pacquiao”.

That is a criminal complaint filed by the BIR in 2012 for Pacquiao’s alleged refusal to present his tax records. The case was dismissed on a technicality, i.e. the summons should be served on the person himself and, upon his refusal to receive, the BIR may resort to substituted service.

That dismissal by the DOJ has absolutely no bearing on the tax case for under declaration of earnings for 2009.

On a final note, Attorney Raymond Fortun says:
Pacquiao was one of the highest taxpayers in 2008. Then suddenly, he pays “just” Php7 Million in 2009. He instantly got “red-flagged” by the BIR. It wasn’t that BIR simply and suddenly didn’t want to accept the TopRank documents. Yung documents kasi, madaling intindihin kung ayaw talaga magbigay ang IRS. But it was the sudden drop in declared income that did Pacquiao in. When he declared “only” Php50 Million for 2009 despite the indisputable evidence of his earnings for 2009, then there was clearly an under-declaration of income. THAT is the super big problem that was never resolved until the BIR issued the Writ of Garnishment.

I hope this blog helps in keeping a record of what the good attorney does to make the law more understandable. I hope some points in this “clinical discussion of the law” finally answer Ira Panganiban’s open letter to Kim Henares. For Ira’s letter, google it.

%d bloggers like this: