Manny Pacquiao tax complaint carries two-year jail sentence
Manny Pacquiao is facing an investigation into his tax returns over allegations that the WBO welterweight champion failed to provide all the documents needed to the Philippine tax authorities.
The 33 year-old, who has held titles in eight weight divisions, is now awaiting a decision from the prosecutors as to whether the case will be brought to court for a penalty that carries a two-year prison term.
Rozil Lozares, a spokesman for the Bureau on Internal Revenue, noted that the original charges date back to March 1 when Pacquiao failed to provide the information needed despite three warnings and a subpoena.
A decision is due soon on whether criminal proceedings will be brought against the ‘Pacman,’ who is currently inbetween fights as he gears up to fight Timothy Bradley on June 9th in Las Vegas.