Mayor Isko willing to disclose SALN

Presidential aspirant and Manila Mayor Francisco “Isko Moreno” Domagoso on Tuesday, Jan. 25, said he is willing to make his Statements of Assets, Liabilities and Net Worth public if he is elected as the country’s next president.“Aba, oo naman. Di ba requirement ‘yun? Sina-submit naman ‘yun. Sa akin nasa gobyerno ,” Domagoso said during a press conference at the Manila City Hall.“Anda-dyan na, nasa Ombudsman. Wala naman tayong itinatago.

Domagoso, however, maintained there is no violation in keeping excess campaign funds as long as he paid the taxes for it. “Yes. Because I have to pay taxes. Kapag may natira sa kampanya, dahil ‘yan naman ay pooled account, pooled money, iba’t-ibang tao, you have to declare. Tapos kapag ‘yon ay nasa iyo na, eh kailangan mong magbayad ng buwis, which is ‘yun ang ginawa ko ,” he said.Meanwhile, the Commission on Elections has not issued any restriction on keeping excess campaign donations after the elections.

“The only rule that there is can be found in revenue regulations issued by the BIR which states very clearly that unspent campaign funds shall be treated as income and shall be subject to the payment of the appropriate income tax, so it follows that there really is nothing wrong with hanging on to unspent campaign funds as long as you pay taxes,” Comelec Spokesperson James Jimenez had earlier said during an online press briefing.

“If I may just editorialize beyond that, ultimately the disposition of these funds is between the candidate and the donor. So if the donor sees nothing objectionable with that sort of use of the money they gave, that’s it. Again, subject to the payment of appropriate taxes,” he added.

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