Thats ugly. I know he sold his U.S house, and went to china for financial reasons, but damn. You can't take a mans WHOLE check. A piece is understandable, but the whole damn thing? Thats slavery.
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Comments Thread For: Pacquiao's Win Over Rios Overshadowed By Tax Dilemma
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As always it's Political Issue.PACMAN as a congress man and soon to be Senator or even a Presidential candidate...Corrupt Goverment it is! Boxing is nothing to do with this and these boxing haters celebrate like Manny owned them money lol! Manny give honor and pride to the Philippines and this is what he got back.(Rumors that Manny is running for President) That's all!
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Originally posted by Holywarrior View Postsensing some fraud here. VisionQuest was going to save his ass when he hired them but Arum made him fire them and use his accountant. VisionQuest reported that Arum and Top Rank refused to give them proper documentation regarding Manny's bout contracts, pay and much more. Manny didn't even have copies of his bout contracts. Arum has been screwing that boy and reporting all these purses that probably don't equal out. Manny needs to hire the right people to come in and clean house. This also could be some political harassment as he has stated and I hope he gets out of this quickly.
this is also an opportunity for him to LEAVE ARUM bc I guarantee if he brings someone in to audit his finances he will see that he has been getting screwed and that will win his freedom from Arum. Then he can go be a free agent and pay flat fees to GBP and make bank cashing out.
It's interesting you mention this because I remember a long time ago their was an interview with Ellerbe about a possible Mayweather/Pacquiao fight.
He said that it was Arum who did not want the fight. Not because Pacquiao or anyone was afraid of the fight, but because Arum knew that when real negotiations started between Mayweather and Pacquiao, the books would be open and Pacquiao would be able to see how much Mayweather takes home from his PPV's. Manny would then compare that to his purse and see how much Arum has been screwing him over the years.
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All of this stems from two points Pac needs original copies to prove what he has paid in taxes which it seems he cannot get
2nd point is his earnings, we all know for example Pac earned like 32m vs marquez but that he has like 5 million guarantees and the rest he gets a few weeks later when the Ppv money arrives, the point is what has Pac told his countries tax authority of his earnings the 5m guarantee only or the whole 32m
From reading the article all it suggests is his country wants proof that he had paid tax in the US but they will only accept original copies which Pac is not given
To me it seems the Philippines are trying to steal pacs money
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Originally posted by chargerhemi06 View PostThat's the Philippines for you. Rich Filipinos are jealous of other rich Filipinos and Manny is their biggest target since he is more respected than the president over there. I feel sorry for Manny. He's at the tail end of his career and will more likely retire with a few pesos in his pockets.
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Originally posted by lfc19titles View PostAll of this stems from two points Pac needs original copies to prove what he has paid in taxes which it seems he cannot get
2nd point is his earnings, we all know for example Pac earned like 32m vs marquez but that he has like 5 million guarantees and the rest he gets a few weeks later when the Ppv money arrives, the point is what has Pac told his countries tax authority of his earnings the 5m guarantee only or the whole 32m
From reading the article all it suggests is his country wants proof that he had paid tax in the US but they will only accept original copies which Pac is not given
To me it seems the Philippines are trying to steal pacs money
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Originally posted by lfc19titles View PostAll of this stems from two points Pac needs original copies to prove what he has paid in taxes which it seems he cannot get
2nd point is his earnings, we all know for example Pac earned like 32m vs marquez but that he has like 5 million guarantees and the rest he gets a few weeks later when the Ppv money arrives, the point is what has Pac told his countries tax authority of his earnings the 5m guarantee only or the whole 32m
From reading the article all it suggests is his country wants proof that he had paid tax in the US but they will only accept original copies which Pac is not given
To me it seems the Philippines are trying to steal pacs money
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Originally posted by lfc19titles View PostAll of this stems from two points Pac needs original copies to prove what he has paid in taxes which it seems he cannot get
2nd point is his earnings, we all know for example Pac earned like 32m vs marquez but that he has like 5 million guarantees and the rest he gets a few weeks later when the Ppv money arrives, the point is what has Pac told his countries tax authority of his earnings the 5m guarantee only or the whole 32m
From reading the article all it suggests is his country wants proof that he had paid tax in the US but they will only accept original copies which Pac is not given
To me it seems the Philippines are trying to steal pacs money
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