BIR asks tax appeals court to defer ruling on case vs Pacquiao | Inquirer News

BIR asks tax appeals court to defer ruling on case vs Pacquiao

/ 06:42 PM May 01, 2015

The Bureau of Internal Revenue (BIR) has asked the Court of Tax Appeals (CTA) to defer its ruling on the bid to reverse a February 2015 decision refusing to dismiss Manny Pacquiao’s case against the bureau.

Manny Pacquiao. INQUIRER FILE PHOTO

Manny Pacquiao. INQUIRER PHOTO

In its omnibus motion, the BIR wanted to present additional evidence to bolster their position that the case filed by Pacquiao against them should be dismissed.

In 2013, Pacquiao and his wife filed a petition for review questioning the BIR’s P2.2 billion assessment against them.

ADVERTISEMENT

The case went up to the Supreme Court after the boxing champ urged the high court to stop the tax court from ordering them to post an “impossible” P3-billion bond or P4-billion surety bond to stop the BIR from collecting P2 billion worth of taxes.

FEATURED STORIES

The high court issued a restraining order and required the tax court to immediately resolve Pacquiao’s case.

The BIR then sought the dismissal of Pacquiao’s case before the CTA but the tax court denied the bid for lack of merit.

An appeal had been filed by the BIR, after which the tax court ordered both parties to comment and, on March 19, submitted the case for resolution. RC

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: liability, Tax

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.