Senator Pimentel wants special tax incentive for PacMan

Senator Aquilino Pimentel III on Friday mentioned he will file a bill that will grant a special tax privilege to Congressman Manny Pacquiao. The bill will serve as a motivation for Pacquaio’s upcoming super fight with undefeated American boxer Floyd Mayweather on May 2. The senator said the special tax incentive is a “fitting tribute to the priceless package proudly promoting the country once again in the international map.”

“Manny being a Filipino promotes the Philippines,” said Pimentel. The senator said the special tax incentive is a “fitting tribute to the priceless package proudly promoting the country once again in the international map.”

“The marketing value for the country is priceless,” he stated.

“During his training, let us inspire Manny by way of passing a special tax exemption act for this particular fight. Anyway we are not blind that a substantial part of his boxing proceeds goes to the people through Manny’s helping hand,” Pimentel added.

“Manny is now part of our history and of world sports history. Let’s give him this tax incentive in recognition to his invaluable efforts to promote boxing and the country around the world,” said Pimentel.