Philippine court dismisses tax case against boxing legend Manny Pacquiao

Philippine boxing legend Manny Pacquiao ended his 26-year boxing career with a points defeat to Cuban Yordenis Ugas in August 2021. (AFP)
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Updated 07 October 2022
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Philippine court dismisses tax case against boxing legend Manny Pacquiao

  • Pacquiao and his wife Jinkee were accused in 2012 of owing more than $37 million in unpaid taxes for 2008 and 2009

MANILA: Philippine boxing legend Manny Pacquiao on Friday won a years-long court battle to avoid paying tens of millions of dollars in extra taxes after an appeals court dismissed the case against him.
Pacquiao and his wife Jinkee had been accused by the Bureau of Internal Revenue in 2012 of owing more than $37 million (2.2 billion pesos) in unpaid taxes for 2008 and 2009.
The 43-year-old previously insisted he had paid the taxes in the United States, so did not need to do so in the Philippines because the two countries have an agreement allowing their citizens to avoid double taxation.
Then president Benigno Aquino was waging a bruising campaign against tax evasion as part of a general crackdown on corruption.
Pacquiao, a former world champion and politician, became one of the highest-profile targets of the tax office’s sweep.
But the Court of Tax Appeals found the tax office had relied on “unverified news articles” to make its assessment.
In a 49-page judgment, the court said the “assessment for deficiency income tax is void for violation of petitioners’ right to due process and for lack of sufficient factual basis.”
The ruling was handed down on September 29 but apparently only released on Friday.
Pacquiao, who reportedly ranked among the country’s top individual taxpayers in 2008 and 2009, welcomed the decision.
“Since the start of my career, I have made sure to pay all my taxes because this helps our government,” he said in a statement.
“I thank the Lord that the truth has come out.”
AFP could not reach the tax office for comment. It is not known if it plans to appeal the decision.
Pacquiao, who retired from boxing last year for a tilt at the Philippines presidency, is deeply admired for hauling himself out of poverty to become one of the world’s greatest and wealthiest fighters.
But he has also earned plenty of detractors with his support for former president Rodrigo Duterte’s deadly drug war, homophobic comments and lack of education.
Pacquiao has been preparing for a charity match against martial arts YouTuber DK Yoo scheduled for December 10 in Seoul.
He ended his 26-year boxing career with a points defeat to Cuban Yordenis Ugas in August 2021 and, as well as being a former senator, made a failed bid earlier this year to be president of his country.
Pacquiao’s net worth was almost $54 million in 2020, according to Senate data.


Ravaglia heroics lead Bologna to Italian Super Cup final in Riyadh

Updated 20 December 2025
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Ravaglia heroics lead Bologna to Italian Super Cup final in Riyadh

  • Despite falling behind early, Bologna equalized in the 34th minute before prevailing on penalties

RIYADH: It was a night of shared football culture in Riyadh as Inter Milan and Bologna met in the second 2025/26 Italian Super Cup semi-final. The travelling Inter support brought their drums, colour and constant noise, blending with Saudi Inter fans to create a lively atmosphere inside the stadium.

The match began at a blistering pace, with Inter taking the lead less than two minutes after kick-off. Marcus Thuram powered home from close range after meeting an accurate cross from Alessandro Bastoni to score the opening goal of the night.

Inter immediately searched for a second, with Ange-Yoan Bonny going close in the fourth minute, feinting past Torbjorn Heggem before dragging his effort just wide of the post.

After Inter’s early barrage, Bologna began to grow into the contest, with Jens Odgaard leading much of the offence. Goalkeeper Josep Martinez was called into action to preserve Inter’s advantage.

The energy among Inter supporters continued to build, with fans jumping in unison and lifting their scarves as they urged their side forward in search of a second goal.

That momentum was checked in the 34th minute, when a VAR review resulted in a penalty for Bologna. Riccardo Orsolini slotted the spot-kick coolly past Martinez to bring I Rossoblu back level.

Inter pushed forward after the break as the game opened up, but there was no getting past Bologna goalkeeper Federico Ravaglia, who made four saves in the second half alone.

Hope briefly returned for the Nerazzurri when Bonny was brought down in the box in the 56th minute, only for the initial appeal for a penalty to be overturned following consultation with VAR.

Less than 10 minutes later, the stadium rose to welcome Lautaro Martinez. Brought on alongside Andy Diouf and Davide Frattesi in a triple substitution, Lautaro made an immediate impact but was unable to find the decisive goal before the end of regular time.

Bologna came within moments of snatching a winner in injury time, but goalkeeper Martinez reacted sharply to make a crucial save, sending the semi-final into a penalty shootout.

The shootout began evenly, with both sides converting their penalties before goalkeepers intervened at either end. Nicolo Barella then fired over the crossbar, only for Juan Miranda to mirror the miss moments later.

Inter’s struggles from the spot continued as Ravaglia made his second save of the shootout, before Jonathan Rowe gave Bologna the advantage. Stefan de Vrij converted to extend the contest, but Ciro Immobile struck decisively to send Bologna through.

The Rossoblu will now face Napoli in the Italian Super Cup final at Al-Awwal Park on December 22, after the Serie A champions defeated AC Milan 2-0 in the first semi-final.