Vargas turned down $1.61 Mil to fight Brook

[Motorcity Cobra]

Got dang!!!

I can't blame him then. So much for making 3 times more than the Bradley fight. If you have to give up 50% off the top then that is crazy. Thanks for the info

Please don't listen to people with a known bias against Hearn and his fighters. The wonderful thing about the internet is that you can find out in five minutes for youself

Pay tax on payments to foreign performers:


Withholding Tax is usually worked out at the basic rate (20%). Deductions should be made at this rate unless you receive an authorisation form (FEU 4) from HMRC to do otherwise.

https://www.gov.uk/guidance/pay-tax-on-payments-to-foreign-performers

[Boxfan83]

That's not just a tweet. That's an interview with his manager who is basically saying he's crazy for turning that fight down. Crawford didn't get that much to go over to Scotland and take the belt from Burns after Beltran had been robbed over there. Vargas has absolutely nothing going on over here in the states. HBO doesn't have any dates lined up for Vargas. His own manager is telling him it's ****** to turn down this fight. This is Vargas we're talking about, not Garcia, who has plenty of other options. This is a clear duck imo.

Well than I guess he is a duck bro. We will see what other champion takes that $ to go over there and check the UK tax that Frankie put out there. & than we will see who Garcia fights next. TC and Ray Beltran weren't very good examples btw, neither of them had a belt for negotiating power at the time.

[therealpugilist]

Christina Santini

she is the stuff dreams are made of

[aldo5408]

1.6m seems very fair if he wins he can make much more. Looks like Arum will make vargas v Bradley

[FrankieBruno]

Please don't listen to people with a known bias against Hearn and his fighters. The wonderful thing about the internet is that you can find out in five minutes for youself

Pay tax on payments to foreign performers:


Withholding Tax is usually worked out at the basic rate (20%). Deductions should be made at this rate unless you receive an authorisation form (FEU 4) from HMRC to do otherwise.

https://www.gov.uk/guidance/pay-tax-...ign-performers

Stop talking **** mate

Usain Bolt:

"Bolt's objection is to a law that allows the government to take a cut of his sponsorship and endorsement earnings as well as his appearance fee, which is currently taxed at the appropriate rate of 50%. For instance, were he to take part in 10 meetings worldwide, with one in Britain, the Inland Revenue would tax him on 10% of his worldwide sponsorship earnings. None of which is objectionable". - See more at: http://economia.icaew.com/opinion/au....9RyVqPGv.dpuf

Bolt refused to run in the UK, we had to give him a tax exemption, thats the only reason he came over here

Vargas will not be given a Tax exemption

[therealpugilist]

I harassed him for like a month to tell me only to forget her name.


I would literally stare at his sig for a good minute

a man of good taste...id green k you if i knew how

[Boxfan83]

Please don't listen to people with a known bias against Hearn and his fighters. The wonderful thing about the internet is that you can find out in five minutes for youself

Pay tax on payments to foreign performers:


Withholding Tax is usually worked out at the basic rate (20%). Deductions should be made at this rate unless you receive an authorisation form (FEU 4) from HMRC to do otherwise.

https://www.gov.uk/guidance/pay-tax-...ign-performers

Thats like -350k training fees and other things, he is only getting like 900k if that.

[Rip Chudd]

a man of good taste...id green k you if i knew how

Red K sent for not knowing how to Green K

[FrankieBruno]

Look lets face it only a desperate boxer with nothing to lose will come over here, unless Eddie Hearn makes it worth their while

Eddie gave Charles Martian $2.5 million

Vargas probably wants the same amount

[Motorcity Cobra]

Stop talking **** mate

Usain Bolt:

"Bolt's objection is to a law that allows the government to take a cut of his sponsorship and endorsement earnings as well as his appearance fee, which is currently taxed at the appropriate rate of 50%. For instance, were he to take part in 10 meetings worldwide, with one in Britain, the Inland Revenue would tax him on 10% of his worldwide sponsorship earnings. None of which is objectionable". - See more at: http://economia.icaew.com/opinion/au....9RyVqPGv.dpuf

Bolt refused to run in the UK, we had to give him a tax exemption, thats the only reason he came over here

Vargas will not be given a Tax exemption

I'll go with the uk tax website updated in 2016 than an article with quotes from Bolt in 2012.