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Floyd tax issues?

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  • Floyd tax issues?

    so TBE is still having IRS problems??? is this why he's fighting overseas like manny? lol. all i want to know is will there be VADA testing. fighting overseas seems kinda shady right Dunn? i mean if you want to do something shady then fighting overseas would prolly be your best bet. if floyd knocks this japanese guy out, WE ALL know why. ...

  • #2
    heres an example of how things might work

    floyd fights pac...makes 200 mil or whatever...floyd fights connor..makes 200 mil or whatever...that he has to report....

    floyd takes 3 million dollar monthly checks(estimate...not sure of exact number)...he doesnt take lump sums...he actually may have not seen a dime yet from the actual pac fight....so floyd has expenses yet has to report an income of 200 mil for a couple of those years while only touching 36 mil.....

    floyd aint the smartest guy ive ever seen...but hes not totally dumb either....its possible that floyd will see a 2-3 million dollar check till hes 60 or so....

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    • #3
      Originally posted by Curt Henning View Post
      heres an example of how things might work

      floyd fights pac...makes 200 mil or whatever...floyd fights connor..makes 200 mil or whatever...that he has to report....

      floyd takes 3 million dollar monthly checks(estimate...not sure of exact number)...he doesnt take lump sums...he actually may have not seen a dime yet from the actual pac fight....so floyd has expenses yet has to report an income of 200 mil for a couple of those years while only touching 36 mil.....

      floyd aint the smartest guy ive ever seen...but hes not totally dumb either....its possible that floyd will see a 2-3 million dollar check till hes 60 or so....
      so in short, yes, he has IRS problems? got it.

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      • #4
        Originally posted by .WesternChamp. View Post
        so TBE is still having IRS problems??? is this why he's fighting overseas like manny? lol. all i want to know is will there be VADA testing. fighting overseas seems kinda shady right Dunn? i mean if you want to do something shady then fighting overseas would prolly be your best bet. if floyd knocks this japanese guy out, WE ALL know why. ...
        Floyd is main eventing a big fight on Fight Freak Show day in Japan, and is likely being paid very well for the fight. $100m on the fight isn't far-fetched.

        This is unlikely Floyd taking a fight for $15m-$20m, so get over yourself.

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        • #5
          Originally posted by .WesternChamp. View Post
          so in short, yes, he has IRS problems? got it.
          Every super rich dude has IRS problems lol, its cat and mouse between them and very smart accountants.

          Floyd will always be a multi-millionaire just on his net worth interest which would be astronomical on nearly a billion dollars.

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          • #6
            Originally posted by Scipio2009 View Post
            Floyd is main eventing a big fight on Fight Freak Show day in Japan, and is likely being paid very well for the fight. $100m on the fight isn't far-fetched.

            This is unlikely Floyd taking a fight for $15m-$20m, so get over yourself.
            get over myself?? i thought when fighters fight overseas its because they have tax issues? being paid very well doesnt mean he doesnt have tax issues lol. maybe this is why he's fighting again to pay off the tax he owes?

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            • #7
              Originally posted by Roadblock View Post
              Every super rich dude has IRS problems lol, its cat and mouse between them and very smart accountants.

              Floyd will always be a multi-millionaire just on his net worth interest which would be astronomical on nearly a billion dollars.
              ahhh so now its every rich dude has IRS problems. lol. well at least you were honest and admit floyd has IRS problems. respect.

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              • #8
                He still has to pay taxes . When you work over seas to avoid taxes you have to work 6 months over seas . I use to work for Dyncorp Corporation and ITT Federal Services . I worked at Ft Irwin but I talked to guys who would work in Kuwait they told me you have to be out of the country for 6 months . Pacquaio lives in the Philipinnes so he can avoid taxes

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                • #9
                  Originally posted by Curt Henning View Post
                  heres an example of how things might work

                  floyd fights pac...makes 200 mil or whatever...floyd fights connor..makes 200 mil or whatever...that he has to report....

                  floyd takes 3 million dollar monthly checks(estimate...not sure of exact number)...he doesnt take lump sums...he actually may have not seen a dime yet from the actual pac fight....so floyd has expenses yet has to report an income of 200 mil for a couple of those years while only touching 36 mil.....

                  floyd aint the smartest guy ive ever seen...but hes not totally dumb either....its possible that floyd will see a 2-3 million dollar check till hes 60 or so....
                  He lucky to have Al Haymon or he’d Be broke

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                  • #10
                    Mayweather doesn't need peds to knock guys out. He has a net worth of about 560 million bucks so he can pay his taxes.

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