Pacquiao donates $18M from his fight for Philippines Typhoon Relief

[straightleft]

The Bureau of Internal Revenue says Pacquiao hasn't proved he paid taxes in 2008-2009. It has assessed that Pacquiao, once one of the world's highest paid athletes, owed 2.2 billion pesos ($50 million) in back taxes as of July.

This is ridiculous. They said between 2008-2009 Pacquaio owed $50 million in taxes. They didn't even realize they ordered Pac to pay a tax more than what he earned in that year? This is just like you earned $1000 a month and the government wants you to pay them $1500 tax.

BIR and IRS has a treaty preventing their citizens to pay double taxation. Pac said all the money he earned from USA all the taxes were already paid to IRS meaning he doesn't need to pay even a single cent to BIR.

Take note, if Pac didn't pay all the taxes in US he needs to pay to the IRS, Pacquiao should already been arrested for tax evading when he came to the US so many times.

[HanzGruber]

I guess we can assume this is false now lol

[big_james10]

Basically his entire guaranteed purse from the Rios fight. This is what I read on twitter. Classy guy with a big heart if true.

Bullsh.t! It is not happening. Considering Pacquaio didn't get paid $18 million for fighting Rios, this is definitely not true. He has only $25,000 in the bank and cannot pay his staff. If anything, this is just another publicity stunt to distract from his tax problems. Whatever he gets from the Rios fight will go to pay his past due tax bill.

[FrankieBruno]

lmao at anyone who believed this

this thread seems like a jerk circle of pac fanboys

[big_james10]

Arum is a cheap B@stard. Pacman needs to sign with GBP once his contract expires.

The problem is that his contract with Arum will never expire.

[DannYankee]

floyd once gave a homeless guy a turkey(for the cameras). same thing.

Floyd would have shot the homeless man in the face if he thought one of the turkeys was worth 18 million.

[Kuyukut]

floyd once gave a homeless guy a turkey(for the cameras). same thing.

to a homeless guy, then where is he gonna cook the turkey? are they eating raw turkey now?