Nah the BIR report which was extensive and i'm sure too boring for people to bother reading states in 2012 he provided his financial record and he actually had $41 million plus in assets in the U.S. so he does all his major banking in the USA. Hence again why they were saying he only had 25g's in the philipines and folks read that and started the whole he's broke thing...because again if these sites had actual legit writers that vital piece of information would've made it into the post but it did not. I do think he spends a ton of money a year as do most big named boxers with entourages but broke, nah never thought he was. Honestly I can see why he has almost all his liquid assets in the U.S.while European banks offer better options for banking those banks have been collapsing like dominos and this is the only actual country that protects your money on a federal level. I will give B Thompson a lot of credit because while they didn't give all the report info they provided more fact about it than anyone else and that's a dude who has never been apologetic about his dislike of Pacquaio.
I don't believe he has his major baking in the USA. Well he has official, but most rich people have Swiss accounts. This myth "the only country that protects your money on a federal level" is....well just a myth.
You can spell it either way....Have you looked at a lot of Real Estate Docs? Your an idiot for focusing on common spelling of a term that has been a part of language, spelled more than a few ways over centuries.
I don't believe he has his major baking in the USA. Well he has official, but most rich people have Swiss accounts. This myth "the only country that protects your money on a federal level" is....well just a myth.
So is the myth of the "Swiss account". Yes the 1%ers, no for the rest. And the 1%ers could keep their money in chocolate and it would be protected.
I don't believe he has his major baking in the USA. Well he has official, but most rich people have Swiss accounts. This myth "the only country that protects your money on a federal level" is....well just a myth.
It's in the BIR document, which is published online and his political rivals made sure it was available to the public. It states "Mr.Pacquiao's documents showed banking accounts and assets in the U.S. totaling $41.8 million dollars". Regarding the only banking protected by the government..take a look at greece and other places..the government let people lose al their money when the banks went bankrupt. Here the government invested billions upon billions to keep them afloat.
You can spell it either way....Have you looked at a lot of Real Estate Docs? Your an idiot for focusing on common spelling of a term that has been a part of language, spelled more than a few ways over centuries.
I'm the idiot..ok. Yet which one of us repeatedly mispelled the world. A few ways over centuries..do you know how long government sanctioned "LIENS" have existed..clearly you don't. There were no liens, if you owed you were taken to court and your property "SEIZED" and "Transferred" to whomever you owed, even if it exceeded the value of your debt. My wife has a graduate degree in Real Estate from NYU and calls your "spelled over centuries" flat out bullshhhhh but nice try bucko. Go read the BIR report its entirety and get back to us....
The top-notch lawyer and tax counsel of “Fighter of the Decade” Manny Pacquiao, Atty. Steven Toscher has informed BoxingScene.com/Manila Standard that the lien placed on the properties and US bank accounts of Pacquiao “is in the process of being released by the Internal Revenue Service.”
At the same time, Toscher referred to the numerous public reports about tax issues involving boxing superstar Manny Pacquiao and stressed that “many of those reports have contained inaccurate and misleading information and were triggered by the filing of a federal tax lien.”
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"It depends on my promoter," is going to be a phrase that will haunt Manny Pacquiao to the grave. He will no doubt retire to adulation and the respect of millions, well that is if he chooses to retire owing millions to the IRS. But if he should choose to fight on in a state of decline, he's going to be doing the Holyfield world tour and keep fighting long after everyone's laughed at the punchline.
Its clear Manny is never going to leave Bob Arum so fans need to get use to the idea of regurgitated TR fights until Arum mercifully puts Pacquiao to sleep. Pacquiao will have people screaming "fighter of the decade," when all he wishes he could hear someone saying is "Forbes highest paid athlete."
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