How much money will Donaire lose fighting in NY?

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  • Nonitard
    Interim Champion
    Gold Champion - 500-1,000 posts
    • Aug 2011
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    #1

    How much money will Donaire lose fighting in NY?

    Isnt he getting taxed more for his income? anyone know the deal?
  • ThePrince
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    • Feb 2010
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    #2
    Not sure but if he puts on a show, which I'm sure he will, it will only help him make more $ in the future. NYC has a big Filipino population and Hispanic fans flock to see fights here. Great chance to build his brand in the mecca of boxing.

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    • ИATAS
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      • Jul 2007
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      #3
      it's basically like a tune up fight for him after a bit of a layoff no big deal.

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      • Mr. Ryan
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        • Mar 2004
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        #4
        Originally posted by Nonitard
        Isnt he getting taxed more for his income? anyone know the deal?
        http://www.gmanews.tv/pbr/article/23...lipino-fighter

        "A foreigner can't fight in New York if he gets a big purse because of the tax situation. You don't get a credit for your state taxes. Manny will keep out of New York, as would [Floyd] Mayweather because Mayweather comes from Nevada. [Donaire] doesn't have the situation because he's from California and California has a big state tax and he gets a credit for his New York tax. But if Nonito lived in Nevada, he would have the same problem."

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        • Kenny MF Powers
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          • Nov 2010
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          #5
          Originally posted by Mr. Ryan
          http://www.gmanews.tv/pbr/article/23...lipino-fighter

          "A foreigner can't fight in New York if he gets a big purse because of the tax situation. You don't get a credit for your state taxes. Manny will keep out of New York, as would [Floyd] Mayweather because Mayweather comes from Nevada. [Donaire] doesn't have the situation because he's from California and California has a big state tax and he gets a credit for his New York tax. But if Nonito lived in Nevada, he would have the same problem."
          Pretty interesting.

          I never knew that.

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