Originally posted by uglypug
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Comments Thread For: Mayweather Foundation Finance Reports Raise Questions
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So not only is Floyd a duck, scared crapless of Manny Pacquiao, shoots banned substances into his hands before fights, wins fights with illegal punches and doesnt pay his taxes....but he's a fraud out of the ring as well as in the ring? What a shame, he was almost a great fighter.
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It's the tax implications guys. If he shows a high amount of his income goes to charity or the operations of his charity he gets a tax break. What the author is outlining is that there were large amounts of contributions into the operations and very little to charities (very disproportionate). The money he uses for his operations may go right back into his pocket. That's tax fraud.
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Originally posted by digitalallstar View PostIt's the tax implications guys. If he shows a high amount of his income goes to charity or the operations of his charity he gets a tax break. What the author is outlining is that there were large amounts of contributions into the operations and very little to charities (very disproportionate). The money he uses for his operations may go right back into his pocket. That's tax fraud.
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Originally posted by DempseyRollin View Postu think its that easy? floyd has been in hot water with the irs on numerous occasions. do u honestly think they havent looked into the operations of his foundation? i guarantee u they have. the irs isnt anything if not thorough. dont think for a second u have discovered something they havent.
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An all time low article for boxingscene. The mods remove far better threads all the time.
Anybody know of any good boxing sites I can check out?
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