Stephen Espinoza says on Twitter that athletic commission purses are inaccurate.

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  • BoxingIsGreat
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    #31
    Originally posted by Robbie Barrett
    Joshua isn't a US fighter and DAZN aren't a US company. Joshua's purse won't be put through the US system.
    If you work in the US, you have to pay taxes. Is it different for fighters from overseas?

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    • Mirror Universe
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      #32
      Originally posted by Robbie Barrett
      Joshua isn't a US fighter and DAZN aren't a US company. Joshua's purse won't be put through the US system.
      In the US, you have to tell the commission what your purse is because you have to pay a percentage of your purse to the commission.

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      • Robbie Barrett
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        #33
        Originally posted by BoxingIsGreat
        If you work in the US, you have to pay taxes. Is it different for fighters from overseas?
        His purse will be coming from DAZN who aren't a US company. Joshua purse will be taxed in the UK.

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        • BoxingIsGreat
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          #34
          I remember people saying Pac, a non-citizen boxer, owed money to the IRS from his fights. I'm ignorant in this area.

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          • BoxingIsGreat
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            #35
            Originally posted by Robbie Barrett
            His purse will be coming from DAZN who aren't a US company. Joshua purse will be taxed in the UK.
            Got it. I didn't know that.

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            • Mirror Universe
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              #36
              Originally posted by BoxingIsGreat
              I remember people saying Pac, a non-citizen boxer, owed money to the IRS from his fights. I'm ignorant in this area.
              No, you have it right. It's the other guy that's ignorant in this area.

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              • BoxingIsGreat
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                #37
                Originally posted by Mirror Universe
                No, you have it right. It's the other guy that's ignorant in this area.
                All I know is everyone here is taxed, no exceptions.

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                • Robbie Barrett
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                  #38
                  Originally posted by BoxingIsGreat
                  I remember people saying Pac, a non-citizen boxer, owed money to the IRS from his fights. I'm ignorant in this area.
                  Pacquiao is different. His money went through the US system. PPV/Network/Promoter. The US can only tax money made in the US or if you're a citizen. Joshua and his purse are neither.

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                  • BoxingIsGreat
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                    #39
                    Originally posted by Robbie Barrett
                    Pacquiao is different. His money went through the US system. PPV/Network/Promoter. The US can only tax money made in the US or if you're a citizen. Joshua and his purse are neither.
                    The fight is taking place in the US. The money is made in the US. Americans pay subscription to DAZN.

                    Anyway, it's not important to me, either way. Just wondered.

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                    • Mirror Universe
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                      #40
                      Originally posted by Robbie Barrett
                      The US can only tax money made in the US or if you're a citizen. Joshua and his purse are neither.
                      This section describes the special rules which affect the taxation of foreign athletes and entertainers who have income sourced in the United States.

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