Comments Thread For: Pacquiao's Win Over Rios Overshadowed By Tax Dilemma

[Hougigo]

Gabion styling on people because they're not reading the article and just the title. Nowing the people here... yup

[Realizniguhnit]

Sounds a little far fetched imo, I don't even think he made that Pacquiao probably just barely made 50 million TOTAL from the yrs 2008-2009 So how in the hell would he owe 50 mil? Is his tax rate 100%? He didn't even become a major attraction until he beat Oscar in December of 2008 so this doesn't sound accurate. Either way looks like we will be seeing a lot more of Pacquiao in 2014-15

[Biolink]

If Pacquiao didn't pay taxes in the US in 2008/2009 wouldn't the IRS have Wesley Sniped him by now?

Right. Him not paying any taxes at all to the US is certainly not even a possibility. The whole thing reeks of fraud and someone not wanting Pacquiao to see the real documentation of his earnings.

[VERSION1 (V1)]

If Pacquiao didn't pay taxes in the US in 2008/2009 wouldn't the IRS have Wesley Sniped him by now?

not sure about that cause he not a us citizen
But im sure this will all be over soon and nothing will happen to Pacquiao

[Rapid Counter]

P@ct@rds rejoice. Your idol will be fighting for the next 10 years the way things are going. You might get to see Pacquiao vs Marquez part 9

Still might get to see a decisive win

[FrankieBruno]

Maybe Floyd could offer Pac a job to clean his expensive cars?

[ИATAS]

not sure about that cause he not a us citizen
But im sure this will all be over soon and nothing will happen to Pacquiao

If you make money in the US you gotta pay taxes, citizen or not. That's why Top Rank was always complaining of Pacquiao fighting in Vegas because of the 39.5% taxes.

The tricky part, and this is where experts are needed, is HOW MUCH money has Pac been making. It's obvious Pacquiao has really low guarantees in Vegas. This is why you hear *****s say stuff like "the most Pacquiao has ever made is $7 million der der". I'm sure Top Rank has low purses so that money is taxed at 39.5%, then after the PPV revenue comes in Pacquiao gets paid the rest. I'm not sure how taxes work in that scenario.

[Lou Cipher]

Arum not only robbed Manny of his legacy and career, but also his ring earnings. Arum will smolder in hell for his unmatched greed.

[VERSION1 (V1)]

If you make money in the US you gotta pay taxes, citizen or not. That's why Top Rank was always complaining of Pacquiao fighting in Vegas because of the 39.5% taxes.

The tricky part, and this is where experts are needed, is HOW MUCH money has Pac been making. It's obvious Pacquiao has really low guarantees in Vegas. This is why you hear *****s say stuff like "the most Pacquiao has ever made is $7 million der der". I'm sure Top Rank has low purses so that money is taxed at 39.5%, then after the PPV revenue comes in Pacquiao gets paid the rest. I'm not sure how taxes work in that scenario.

i get he has to pay taxes i meant they would not put him in jail like snipes maybe he just could not fight here no more but again im not sure

[The Big Dunn]

If you make money in the US you gotta pay taxes, citizen or not. That's why Top Rank was always complaining of Pacquiao fighting in Vegas because of the 39.5% taxes.

The tricky part, and this is where experts are needed, is HOW MUCH money has Pac been making. It's obvious Pacquiao has really low guarantees in Vegas. This is why you hear *****s say stuff like "the most Pacquiao has ever made is $7 million der der". I'm sure Top Rank has low purses so that money is taxed at 39.5%, then after the PPV revenue comes in Pacquiao gets paid the rest. I'm not sure how taxes work in that scenario.

I'm sure the IRS got hip to this real quick like they did with Derek Jeter and the "primary residence in florida" scam he was running.

A company like TR, run by a man that used to work in the JUstice Dept., should not have its main employee dealing with this kind of tax silliness.