BIR socks Pac-man with 'non-submission' of tax docs claim

  Pacquiao reportedly failed to answer a subpoena to submit nearly 60 documents last February, including tax records and contract endorsements from last year, resulting in charges being filed against him last March 1 in Koronadal City. According to the Philippine News Agency, Pacquiao specifically violated Section 266 of the National Internal Revenue Code, for "failure to obey summons," which includes not being able to "produce books of accounts, records, memoranda or other papers, or to furnish information as required under the pertinent provisions of this Code." Should Pacquiao be found guilty of the March 1 charges, he could face a fine ranging from P5,000 to P10,000 and a jail sentence of one year to two years.   Rozil Lozares, director of BIR Revenue Region 18, said the BIR hadn't received a single document from Pacquiao since issuing the subpoena, and that Pacquiao’s continuous refusal to submit and appear in front of the BIR court was what led to them to file the case against him.   Pacquiao, who has not yet received the complaint from the BIR yet, told reporters that he has no intention of running away from the case, and that he has sent his accountant and a staff member to give them some time to review the request for the documents. Pacquiao's endorsement portfolio contains deals with Nike, Hewlett-Packard, State Street Produce, and Hennessey liquor, among others. Forbes Magazine listed him as the 24th highest-paid athlete in 2011, and in his last fight against Juan Manuel Marquez, Pacquiao pocketed $22 million in addition to fight earnings of $6 million. — Adrian Dy/RSJ, GMA News