Julio Cesar Chavez Owes Over $12 Million in Back Tax

[gopi11]

It is sad to hear.

Im interested to see how many *******s who diss Mayweathers IRS situation come on here and say its sad about Julio.

Double standard.

There's no double standard here, and Floyd brought it upon himself. You don't see JCC tossing Benjamins right in front of a camera like it will go out in style or saying he's the cash cow of boxing, and start flaunting off his yacht, his Royce, his Lambo or his armored car, and goes on to say that he's the ppv king and his fights are just like bank robberies...

[deanrw]

Is he really in dept or does he just refuse to pay American Taxes? The money he owes did not stop him from opening a 5 Million + dollar restaurant this year.

http://www.azcentral.com/community/mesa/articles/2009/01/13/20090113mr-chavez0113on.html

[larry x]

There's no double standard here, and Floyd brought it upon himself. You don't see JCC tossing Benjamins like it will go out in style or saying he's the cash cow of boxing, and start flaunting off his yacht, his Royce, his Lambo or his armored car, and goes on to say that he's the ppv king and his fights are just like bank robberies...

i rather spent my money on cars,clothes and houses..than *******,alcohol and woman..chavez is a cokehead..but i guess thats cool cause it aint floyd.....

[catalinul]

Why would they ask for the taxes now and not 10 yers ago or when it was due?

Anywya it's sad to hear,hope it's just rumors.Chavez is a damn legend.

[gopi11]

i rather spent my money on cars,clothes and houses..than *******,alcohol and woman..chavez is a cokehead..but i guess thats cool cause it aint floyd.....

Did JCC flaunt these in front of the cameras for all the world to see? That's the difference between Floyd and JCC, although I agree with you that if I had that kind of money to spend, I will go Mayweather's way everyday...

[SuckaPunch]

Why would they ask for the taxes now and not 10 yers ago or when it was due?

The IRS were waiting for the interest payments to grow

This is why Pac had to train in the Philippines because of the IRS. Sadly, JCC didn't have good lawyers/accountants back in his haydays

[arraamis]

Firstly, its always sad to hear these stories of famed boxers falling into financial difficulties post-career. Especially when they have made a fortune from the sport. Hopefully, he can ignore the US demands for money, since he is a Mexico native.

Also,

I cannot believe that some are comparing one boxer who flaunts his money, while spending it on homes\cars\businesses - To another boxer who spent his money fortune on drugs\women\booze. Kinda Silly!!!!!

[Texanballer]

how the fuck is he going to pay that off? TV Azteca dosent pay that great i dont think.

[JM1]

can he still pay this??

[RimmyDelicious]

He's not broke, he just isn't ever going to pay taxes in America.