Manny Pacquiao Under IRS Tax Audit For 06-07

[Left Hook Tua]

I guess he did not know it was tax deductible as well.

maybe.

but who knows how it was in the 1940's.

those bastards change the laws/rules every damn year.


i remember those ****s sent me amended bills 3 straight years for something i already paid.

i paid the tax on my stock/401k earnings in 2007.

in 2008 they sent me a bill saying what i paid wasn't enough.

i was like okay.

paid it.

2009 they sent me another bill saying the same thing even though i paid exact amount they asked for and on time.

i was like okay.

2010 they did it again for the same 2007 taxes.

i was like this is ****ing ridiculous.

[UglyPug]

i bet pacquiao has paid more taxes than floyd has. . . and floyd tries to play the "im an american, damnit!" card. lol i mean it's cool and swell and altruistic that floyd passes out brown paper bags with ham sandwiches and cheetos, but he has shat poor people out of millions of tax dollars that go to helping them.

[UglyPug]

anyway, it's not funny when it happens to manny lol. . . it's only funny to see floyd broke and unable to pay off a damn 500k loan. getting cars repod and ****. LOL. . . THEN, after yabbering on about "being his own man" and "keeping 100%", blah, blah, blah, he is so broke he can't even afford to promote his next fight so he has to SIGN W/ GBP. . . he signed a three fight co-promotional deal with them.

[RajahBell]

Not only that but people with higher income will input higher deductions to make their tax liability lower. If he does not have proof of his deduction, then he will be screw.

Our discussion is purely speculative as no one knows why exactly he is being audited. Again, personally I believe that Manny is being audited because of the Large swing in income when he fought Oscar Dela Hoya in 2008 and then earning 10's of millions in the following years as a "Cash Cow." It is a big red flag for the IRS when someone goes from earning a few million in 2006-2007 then all of a sudden earning 10's of millions. They have to check that out with an Audit.

[Sugar Sting Ray]

Pacquiao is owed a refund. He paid way too much taxes as a result of the automatic 30% withholding levied on foreign athletes. The *****s have been shut down again. hahahahahaha

I told you so ON THIS LINK!!!!!!!

[sweetscience18]

anyway, it's not funny when it happens to manny lol. . . it's only funny to see floyd broke and unable to pay off a damn 500k loan. getting cars repod and ****. LOL. . . THEN, after yabbering on about "being his own man" and "keeping 100%", blah, blah, blah, he is so broke he can't even afford to promote his next fight so he has to SIGN W/ GBP. . . he signed a three fight co-promotional deal with them.

Soooo floyds rich pays 30 million in taxes feeds the poor a
Sold all his old cars and bout new ones...

[eklok]

manny's getting a tax refund , LOL , another self ownage ***** thread , keep up the good work guys