The Supreme Court (SC) issued a
TRO (temporary restraining order) to the Bureau of Internal Revenue on the Php3.2
billion tax case against Pacquaio.
The third division tribunal
issued resolution to stop the implementation of the Tax Appeals requiring Pacuaio
and his behalf to post cash bond of Php3.2 billion surety bond.
The high court stopped BIR from
collecting Php2 billion worth taxes from Pacquiao. Both parties were asked to
comment on Pacquiao’s petition in a period of 10 days.
Pacquiao earlier sought break
from high court through a 75-page petition seeking to invalidate the appellate
tax court's order allowing BIR to collect the said amount and denying petitioner's
motion for fractional reconsideration.
Pacquaio’s lawyers said that the
requirement was "effectively an unfeasible condition"
as their net worth was only P1.18 billion.
Pacquiao and his behalf decried
the BIR's violation to the constitutional rights to due process "in
presuming the exactness of a fraud judgment without evidentiary support other
than the issuance of the deceit assessments themselves."
The Petitioners accused BIR
Commissioner Henares of violating procedural requirements on tax summary collection
remedies under the Section 208 of the Philippine Tax Code when she failed to
serve supplicants with warrants of garnishment touching their bank accounts.
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