Mendoza: Pacquiao tax woes nothing but blah-blah-A A +A
Tuesday, December 31, 2013
ALL sound no fury.
That is a line as old as time.
It means, all talk no sense.
Or, all blah-blah-blah and no ob la di ob la da.
I say all reports over Manny Pacquiao’s alleged tax deficiencies in the United States are virtually nonsense.
Bob Arum, Pacquiao’s American promoter who is himself a Harvard-educated lawyer, would be the last person to have abetted it, tolerated it.
Arum has been in boxing since Ali’s time, since the 1975 Thrilla in Manila between Ali and Frazier.
For him to have not noticed any defect in Pacquiao’s tax obligations in the US would be like saying God had not seen Eve offer Adam the forbidden apple.
Reports say Pacquiao owes the US $18 million in taxes?
If you can believe that, then you can believe the Eskimos know nothing about snow.
Believe that Pacquiao’s being chased by our Bureau of Internal Revenue’s boss Kim Henares for a reported unpaid taxes from 2008 to 2009 amounting to P2.2 billion.
That is a fact.
What isn’t fact is, that Pacquiao is hiding from Henares. No. For all you know, they have talked, and have started restructuring the amount.
Maybe, from P2.2 billion, it could go down to P1 billion?
Better than nothing?
Pacquiao wasn’t at fault here; it was his accountants who were. Even his lawyers, maybe.
What does Pacquiao know about taxation?
He was duped, period.
Nothing here that cannot be manipulated. That is why at one time, we were listed No. 2 in the world as the most corrupt.
The joke was, we bribed the survey-makers to make them remove us from the No. 1 position.
So, if you think Pacquiao did not really pay the correct taxes in 2008-2009, I won’t take that against you.
There was cheating, I am sure, and Pacquiao might not have been fully aware of it.
Had he gotten wind about his accountants set to do hanky-panky, he would have immediately nipped it in the bud.
Pacquiao has always been proud, egoistic even, but brimming with self-respect. He would not have approved of it if he had known of any attempt to cheat.
And in the US?
If there had been tax cheating there as alleged, Arum would have been the first to know. And kill it.
Published in the Sun.Star Cebu newspaper on December 31, 2013.