How much money will Donaire lose fighting in NY?

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  • Nonitard
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    • 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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        #4
        Originally posted by Nonitard
        Isnt he getting taxed more for his income? anyone know the deal?
        Roberto Garcia believes that his ward, WBC and WBO bantamweight champion Nonito Donaire Jr., is the most skilled Filipino boxer.


        "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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