Comments Thread For: Arum Describes BIR Beef With Pacquiao's as Ridiculous

[FloydvsPac]

this doesnt explain why Pacquiao's 2008-09 income taxes are still in dispute. how long could that possibly take to clear up if he had a competent accountant

Corruption in the Philippines is rampant. Since Pacquiao is a politician I could imagine it's even worse for him. They want to make him look bad. But for the BIR to publicly insinuate that his IRS tax returns aren't real, just make them look like idiots.

[billeau2]

Corruption in the Philippines is rampant. Since Pacquiao is a politician I could imagine it's even worse for him. They want to make him look bad. But for the BIR to publicly insinuate that his IRS tax returns aren't real, just make them look like idiots.

They don't care....Tax collection is horrendous and in many cases criminal. But the tax collectors know that despite the facts and circumstances, they will be allowed to continue.

BTW take note all: 30% goes to the tax man...think about that the next time cries of "Man Floyd is rich" goes out on the board....think about 30% off the top on all earned income.

[mrjoeblive]

this doesnt explain why Pacquiao's 2008-09 income taxes are still in dispute. how long could that possibly take to clear up if he had a competent accountant

He had accountants but 2 of them loaned him money. Then pac refused to repay the loans so they dropped him and sued him. Pac owes a lot of money.

[mrjoeblive]

They don't care....Tax collection is horrendous and in many cases criminal. But the tax collectors know that despite the facts and circumstances, they will be allowed to continue.

BTW take note all: 30% goes to the tax man...think about that the next time cries of "Man Floyd is rich" goes out on the board....think about 30% off the top on all earned income.

Lol floyd iS RICH MAN!!!!!! The amt of taxes owed varies from person to person. 30% sounds inflated most of the rich pay about 15-20% plus they get ****** write offs. I remember it was revealed mitt romney paid 15% on his income. Also taxes are paid at the end of the year so they get all that interest for the year.

[mrjoeblive]

keeping his eye out to continue to rob the dummy for his money.

Ol pac is getting done with no grease. So bob is taking 30% on top of his 29% add roaches 15% dela hoya's 10% so pac only gets around 15% and he still has to pay his manager and buboy and the crew. Wow this guy gets nothing. I bet that 40 million looks dam good now.

[JaYDeuce11]

Pac is very lucky to have a job after boxing because he's getting ripped hard by everyone around him family included, with noone telling him no!!
If this doesnt make Pac want to do everything he can to make the Mayweather fight, i dunno what can. Cuz clearly he'll need the money the way people are taking it from him. Its sad too cuz he really doesnt know, hes just street smart/born to fight not write!

[Fetta]

Hopefully Pac has an actual accountant to talk to. I just keep seeing Arums name when questions are answered for this subject

[MindBat]

It's a dang shame when his own country's politics take precedence over the love he has for his people.

They gave him enough time to pay up, but apparently that time's run out.

As the saying goes: "When you need something done right, sometimes it's best to do it yourself."

Perhaps he needs to get on a plane, go to the IRS, and demand copies of his paid returns, certify them on the spot, bring them back to the Phills, and deal with those responsible for the delay later.

If he can't get the copies right away, he must demand a letter from the IRS, signed and certified on the spot, explaining the status of the documents and reason for the delay.

Somebody needs to be responsible in these money matters.

[jbpanama]

Manny is a RISING STAR, in Flip Land Politics, and this is just
the First Salvo of his Political Enemies that would like to TARNISH Him!!!

He'll owe them the Bread from the River Fight, which they have GRABBED!!!

[TwistedChimp]

Ya this is ridiculous, I mean come on... Straight BS! Anyways, pay up sucka!!!