It's time to face the music Pac!

comparing your 15,000 a year tax doesnt compare to an international sports ,politician,movie star,etc etc,with many sponsors...cmon man be real. Lebron isn't havin those problems , nor is Kobe , Peyton manning ... I can go on and on. My situation my not be similar to pacs but there's is ... Seems like they have no problem keeping their finances in order

One should keep in mind the nature of a bank account. One never puts a large sum of money in a bank account if they have any sense. When one has resources the last thing they want to do is "own"anything legally, including money. Some people here heard that Mayweather, allegedly had millions of dollars in a checking account and that this fact proved his wealth....actually it proved that mayweather is a dunce. Remember the IRS taxes capital gsins and even the stingy interest on a checking account adds up to something. News flash....You want people to see nothing in your name! You put your money in structures that gaurd it legally from the crooks at the IRS....corporations, trusts, life insurance policies, etc. You put it in your kid's names, you take a loss and exxagerate it, etc. So please.....stop this BS about Pacquio's bank accounts! It belies the general state of financial literacy in this country and on this site.

From Arum himself ? ... He has said that he's had to wire millions of dollars to casinos to pay off pacquiaos gambling debts .... Which then had to be deducted from future purses. You wouldn't ask for a loan to pay off gambling debts if you weren't in trouble financially. Where are you getting this? I don't get where you're coming from that Pac has gambling debts? That is just crap. Where is the link stating that Arum has wired million to pay casinos? all i heard was Arum wiring Pac's winnings of millions of dollars deducted to the IRS. I live here in the Pi. You just can't arrive with a conclusion from hearsay and posts here in Boxingscene. It's big news over here. This isn't just a simple tax evasion case. It's runs deeper that.

To be honest, the 40mil offer was an insult. This was lining up to be the biggest fight in history not because of one fighter, but because of the combination of both fighters. If Manny had accepted that, he would have been a jackass. Who wouldn't want to gain from the upswing of profit being one of the contributor? Floyd was a douche for making that offer. The refusal of the fight sits squarely on Arum's shoulder, but Floyd did himself no favour by making such a disrespectful offer.

3 years seems like a long time to be "gathering" everything... If someone asked me to show proof of my taxes paid in 09-10, I have a thing that's called a filing cabinet and inside of it I have these things called folders and inside those folders ..... Wait for it... Proof that my taxes were paid comparing your 15,000 a year tax doesnt compare to an international sports ,politician,movie star,etc etc,with many sponsors...cmon man be real.

it is possible pacquiao got cash hidden away from those corrupted governments. you wouldn't want to leave all your money in a bank if you know that your government are corrupted and will be coming after you.

Where did you get the info that Pac borrowed from Arum? or are you just talking out of your ****? According to reports Pac paid the Bureau of Internal Revenue: 2008: 125 million Pesos($3Mill) which made him the top taxpayer in that year. 2009: P7 million ($175 k) 2010: P9.1 million ($225 k) Now, do you really believe that he has only 25K in his bank accounts? The issue here is that the BIR is going after Pac because of Pacquiao’s accountant failure to report in his income tax returns (ITR) the multi-million-dollar taxes collected by the US Internal Revenue Service (IRS) from his winnings for the years of 2008 to 2009. Pac is hiding his money somewhere and even the banks in the PI are not disclosing his accounts to the PI government for investigation. Let's talk after the investigation is over and lets see if Pac really is broke or still a multi-millionaire at the end of the day. From Arum himself ? ... He has said that he's had to wire millions of dollars to casinos to pay off pacquiaos gambling debts .... Which then had to be deducted from future purses. You wouldn't ask for a loan to pay off gambling debts if you weren't in trouble financially.

Floyd stans are very grumpy these days. Floyd will make them happy if he chooses Khan next. Make it happen, Floyd. :unitedsta

I have a b.a in poli sci and an MBA from Florida. Let's not get into a dick measuring contest over education. I'm a good student, I always was. So dissecting the academic achievements of another is meaningless because the odds are they're skilled in other areas such as mechanical skilled labor. Well, you're the one that brought up the subject. Also, you're taking the thread a little too serious. Mellow out...you're forgetting Pac and Floyd fans like trolling each other.

1) nobody heres a lawyer nor politician, hence, doesnt know how these operations work 2) koncz & his team probably have all the paper work ready, theres prob just gathering everything, otherwise whats the fkn point of knocz?.. so we dont know sht, stop gossiping girly lay off the meth huey, its makin you say some wild dum sht. including you thinking that rios was gna ko pac. lmao. SAY NO TO DRUGS HUEY, JUST SAY NO 3 years seems like a long time to be "gathering" everything... If someone asked me to show proof of my taxes paid in 09-10, I have a thing that's called a filing cabinet and inside of it I have these things called folders and inside those folders ..... Wait for it... Proof that my taxes were paid

Where did you get the info that Pac borrowed from Arum? or are you just talking out of your ****? According to reports Pac paid the Bureau of Internal Revenue: 2008: 125 million Pesos($3Mill) which made him the top taxpayer in that year. 2009: P7 million ($175 k) 2010: P9.1 million ($225 k) Now, do you really believe that he has only 25K in his bank accounts? The issue here is that the BIR is going after Pac because of Pacquiao’s accountant failure to report in his income tax returns (ITR) the multi-million-dollar taxes collected by the US Internal Revenue Service (IRS) from his winnings for the years of 2008 to 2009. Pac is hiding his money somewhere and even the banks in the PI are not disclosing his accounts to the PI government for investigation. Let's talk after the investigation is over and lets see if Pac really is broke or still a multi-millionaire at the end of the day.

if he only kept $25k in his PI account, then maybe pac ain't dumb as others claim Having to get loans from arum says otherwise

Lol all you do is make ad hominem attacks during an argument. He's pretty much right but you guys just get all emotional due to the way he worded it. They checked 22 accounts and he only had 25k in there? A Floyd fight sounds pretty damn good right about now if he only kept $25k in his PI account, then maybe pac ain't dumb as others claim

....or in Huey's case, being a bumsniffing floydspastic. Lol all you do is make ad hominem attacks during an argument. He's pretty much right but you guys just get all emotional due to the way he worded it. They checked 22 accounts and he only had 25k in there? A Floyd fight sounds pretty damn good right about now

I have a b.a in poli sci and an MBA from Florida. Let's not get into a dick measuring contest over education. I'm a good student, I always was. So dissecting the academic achievements of another is meaningless because the odds are they're skilled in other areas such as mechanical skilled labor. ....or in Huey's case, being a bumsniffing floydspastic.

I graduated from high school in 2005, college back in 2007 (AAS in Process Technology) what do you have?:cool2: So, as he said, barely a hs education.

Ok dumbass read the fucking story before spouting off. Let me educate you real quick. The irs doesn't want shit from Manny. Got that dummy the IRS don't want anything from him. Why because he paid them. The Tax agency in the Philippines wants the money so they froze his Filipino accounts only. Now Manny just made 18 million pre tax outside of the Philippines that money went somewhere. My guess is Swiss bank account where he can hide the cash. Now of course you can keep running your mouth and think you know what's up and look like a tard. Thats... Probably literally the reason they froze his accounts.. Because he likely IS "hiding" money and allegedly avoiding taxes. They call that...you know... Tax evasion... You sarcastcally made his point lol. The fact Manny said he'd just borrow it is whats worrying (who is he borrowing from and at what rate!?). There's no doubt Manny has financial issues and it might be an overblown issue or politically driven (likely) but he's still in a bad spot he should have never been in. Swiss accounts? You think Arum is going to help him hide money? Lol. I wouldnt doubt he has money put away but from all reports, he's not bringing in nearly as much as people say..not home anyway. Arum is robbing him as our his own people. He's still fighting so it's not AS bad because he has cash flow but its scary and sad to think whats going to happen in a few years time. Manny's issues with giving seem to be so out of hand that he might be "broke" (not regular people broke where he cant afford food) fairly soon after his career ends. Also his (well known) problems with his wife could take a turn for the worse and there goes even more money. His financial situation is reeeallly shaky and its sickening to see people doing this to him.

:lol1: :lol1: :lol1: as I've said before ts don't know ****! he's nothing but a bullshitter!

Why would start a thread with false information? Where is Pac account balances disclosed? If he didnt have enough money to pay his taxes, they would froze his accounts and start a process to confiscate his properties. Seriously guys, if you dont about taxes or business, dont talk about it. It is bad already that most of you dont know sht about boxing, now want to talk about financial position.

You started reading the article ejaculated in your pants and started a thread before you where even done..... not a good combination.