http://www.mb.com.ph/bir-deals-pacquiao-another-blow/
Cliffs.
Owed 45 mil
Went up to 100 mil for being late
Might reduce it if he can't pay it all
Rob arum got some splainin to do
Now we know why he took that coaching gig...Its sad to say but Pac will have to fight most likely until his early 40's. Pacquiao fans should only be upset at Bob Arum and Michael Koncz for putting him in this financial mess.
agreed. the filipinos in the government over there are jealous as fuk over pacman's success. its disgusting really. pacman is the most relevant filipino in the history of the Philippines lol
oh, another one who took the cake and the box in big chunks...
BIR is a piece of ****, stealing money from the peoples champion. America should just take over the Philippines, the Philippines is corrupt as hell politics is equivalent to the wild west and mafia families killing others and ****.
They would have been better off under Spanish rule, they fought for their freedom for what? just to be even more corrupt than their Spanish rulers?
wow!! this one eats the cake and the box....
it's boxing to politics to history to a damnation of a people's fight for freedom....
hmmm
Oh yes, I forgot......f10m05 are not only business professionals but now tax attorneys and CPA's as well.....truly gifted people:afro:
Vision Qwest were business professionals and tax experts. What did they say about Pac's finances?
BIR is a piece of ****, stealing money from the peoples champion. America should just take over the Philippines, the Philippines is corrupt as hell politics is equivalent to the wild west and mafia families killing others and ****.
They would have been better off under Spanish rule, they fought for their freedom for what? just to be even more corrupt than their Spanish rulers?
agreed. the filipinos in the government over there are jealous as fuk over pacman's success. its disgusting really. pacman is the most relevant filipino in the history of the Philippines lol
BIR is a piece of ****, stealing money from the peoples champion. America should just take over the Philippines, the Philippines is corrupt as hell politics is equivalent to the wild west and mafia families killing others and ****.
They would have been better off under Spanish rule, they fought for their freedom for what? just to be even more corrupt than their Spanish rulers?
The **** is this? lmfao
I've read a lot of nonsense on this forum today, but this tops the lot, well done!
I am not sure what has taken place with Manny's financials, but he has to get a couple pro's in this or he will end up in a real mess, possibly behind bars. I was thinking since he fought in Vegas again recently that he fixed those issues. It looks like he has not.
If he does not clear it up, he could end up having all of his accounts, properties and other assets seized and liquidated.
This is nothing but a typical shakedown commonly used by the corrupt Philippines government politicians.You mean the exact same Government Manny is apart of?
I'm not saying he doesn't owe tax money but their numbers don't make any sense. This money is from two fights, so in order for him to owe $50 million in taxes he would have had to have made well over a $100,000,000 for those 2-3 fights, which quite obviously he didn't.
yea, 50 million with the penalties and all of the zero negatives..........even now it's 2014 and this still hasn't been taken care of.
penalties............
This is nothing but a typical shakedown commonly used by the corrupt Philippines government politicians.
konz has brainwashed a lot of u.................this right here is legit tax fraud.
the numbers do not add up
pac already paid tax in america for the fights, he should not be double charged in his own country
once pac provided valid tax returns, the amount should be removed, its weird he has not done this yet
the rule is as long as pac can show he paid his usa taxes, he does not pay them in his own country, but he is in dispute over expenses in usa, therefore he cannot prove he has paid his usa taxes
the IRS claims that pac didn't pay anything to them...........these are full charges including year after year penalties. BIR would go away if the IRS and receipts checked out but when they tried to press the IRS (to make BIR go away) the IRS only took the BIR's side...........it's full blown mess that won't get solved without stripping someones life. if pac was a u.s. citizen the IRS probably would have just issued an arrest warrant (if he didn't want to settle with a payment plan. which the IRS already got him on a harsh payment plan as we speak) but thats up to BIR since pac is a native of philippines. he couldn't present the receipts so that means there was tax fraud in both PH and the u.s. & BIR is only looking to get their portion back (as with the IRS)
i don't see why the hate for BIR in this thread tho
:dunno:
the numbers do not add up
pac already paid tax in america for the fights, he should not be double charged in his own country
once pac provided valid tax returns, the amount should be removed, its weird he has not done this yet
the rule is as long as pac can show he paid his usa taxes, he does not pay them in his own country, but he is in dispute over expenses in usa, therefore he cannot prove he has paid his usa taxes
He can't handle any negative criticism of Pacquiao whatsoever except his bizarre "jinx" threads. He's clearly obsessed to the point of unhealthiness. Apparently he even has really respected posters on ignore.
Lol yea he's doing some kind of reverse trolling or something. We all know he's a PAC fan
Take me off ignore so I can reply to your shlty threads
Honestly, no need wasting your time replying to that idiot. Just bear in mind that there are people born that way.
Yeah something is weird. I mean lets say in 2008 and 2009 he made a 100 million in purses(which he didn't)
that 100 million is not what he takes home. By the time the IRS took their share and paying his crew, he may have took home 30 million.
So then he goes back to his home country, and they want 50 million, but since he has not paid it, they now want a 100 million LOL
I don't knew the exact amount of his taxes but the quoted amount I'm sure include penalties/surcharges.
Since Dec, 2013, Arum said that they will present receipts within three months to prove that he paid taxes to IRS which is deductible to the taxes due to BIR (Phil). It is June, 2014 now but Arum has still to present any evidence. Hate it but it appears that no taxes was paid to IRS in behalf of Pac
Take me off ignore so I can reply to your shlty threads
He can't handle any negative criticism of Pacquiao whatsoever except his bizarre "jinx" threads. He's clearly obsessed to the point of unhealthiness. Apparently he even has really respected posters on ignore.