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

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  • Robbie Barrett
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    #41
    Originally posted by Mirror Universe
    If you are a foreign athlete and/or entertainer performing independent personal services in the United States, you must generally pay U.S. income tax on your U.S. source income.

    DAZN aren't a US source. They're a UK company paying a UK fighter. The money won't go through the US system.

    The only think getting taxed is the gate.
    Last edited by Robbie Barrett; 03-09-2019, 02:59 AM.

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    • Mirror Universe
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      #42
      Originally posted by Robbie Barrett
      If you are a foreign athlete and/or entertainer performing independent personal services in the United States, you must generally pay U.S. income tax on your U.S. source income.

      DAZN aren't a US source. They're a UK company paying a UK fighter. The money won't go through the US system.
      If you are a foreign athlete and/or entertainer performing independent personal services in the United States, you must generally pay U.S. income tax on your U.S. source income. This includes compensation for performances, endorsements, the sale of merchandise, and royalty, or other, income closely related to the event.

      So no, you can't come fight in the US and not pay taxes on the income. Doesn't matter if the company paying you is a foreign company. I don't know you at all and maybe you're a nice guy, but you're wrong on this issue.

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      • Robbie Barrett
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        #43
        Originally posted by Mirror Universe
        If you are a foreign athlete and/or entertainer performing independent personal services in the United States, you must generally pay U.S. income tax on your U.S. source income. This includes compensation for performances, endorsements, the sale of merchandise, and royalty, or other, income closely related to the event.

        So no, you can't come fight in the US and not pay taxes on the income. Doesn't matter if the company paying you is a foreign company. I don't know you at all and maybe you're a nice guy, but you're wrong on this issue.
        It says US source income you ****ing idiot. Joshua's money isn't coming from a US source. What don't you understand about that?

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        • Mirror Universe
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          #44
          Originally posted by Robbie Barrett
          It says US source income you ****ing idiot. Joshua's money isn't coming from a US source. What don't you understand about that?
          Not sure why you're swearing at me. I'm very kindly trying to help you. Yes, it says US source income and then it explains what US source income is:

          This includes compensation for performances, endorsements, the sale of merchandise, and royalty, or other, income closely related to the event.

          Compensation for the performance and other income from the event = US source income.

          If the event takes place in the US, your compensation for performing at the event = US source income. Has nothing to do with whether a US company is paying you. You're doing business in the US. The revenue is being generated from an event taking place on US soil.

          You should consider being more civil when having a discussion with another human being.

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          • Robbie Barrett
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            #45
            Originally posted by Mirror Universe
            Not sure why you're swearing at me. I'm very kindly trying to help you. Yes, it says US source income and then it explains what US source income is:

            This includes compensation for performances, endorsements, the sale of merchandise, and royalty, or other, income closely related to the event.

            Compensation for the performance and other income from the event = US source income.

            If the event takes place in the US, your compensation for performing at the event = US source income. Has nothing to do with whether a US company is paying you. You're doing business in the US. The revenue is being generated from an event taking place on US soil.

            You should consider being more civil when having a discussion with another human being.
            The revenue isn't being generated by the US though. Joshua is getting paid by DAZN a UK company who's revenue comes from multiple countries, not just the US. Joshua isn't getting a split of the revenue either. So his purse isn't generated in the US at all.

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            • Mirror Universe
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              #46
              Originally posted by Robbie Barrett
              The revenue isn't being generated by the US though. Joshua is getting paid by DAZN a UK company who's revenue comes from multiple countries, not just the US. Joshua isn't getting a split of the revenue either. So his purse isn't generated in the US at all.
              Okay, you keep saying that, but that isn't what "US source revenue" means. What it means is that the performance took place in the US and revenue connected to a performance that took place in the US.

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              • Robbie Barrett
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                #47
                Originally posted by Mirror Universe
                Okay, you keep saying that, but that isn't what "US source revenue" means. What it means is that the performance took place in the US and revenue connected to a performance that took place in the US.
                You think the US taxes money made in other countries if the event was held in the US? You think Tyson Fury paid US tax on the money he made from UK PPV? You think Canelo pays US tax on money he made in Mexico?

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                • Mirror Universe
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                  #48
                  Originally posted by Robbie Barrett
                  You think the US taxes money made in other countries if the event was held in the US? You think Tyson Fury paid US tax on the money he made from UK PPV? You think Canelo pays US tax on money he made in Mexico?
                  Yes, that is how taxes work. Whatever Fury was paid for work he did in the US, the IRS is going to want their piece. Foreign rights to a performance that took place in the US are taxable under US law.

                  If you want to argue what the law should be, by all means we can have that discussion as long as you're polite and civil.

                  But if you want to argue what the law actually is, you need to do a little research before you try to act like you're an expert on US tax law. I literally posted the IRS website for you. It clearly states income from any performance or revenue related to that performance is taxed by the IRS.

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                  • Robbie Barrett
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                    #49
                    Originally posted by Mirror Universe
                    Yes, that is how taxes work. Whatever Fury was paid for work he did in the US, the IRS is going to want their piece. Foreign rights to a performance that took place in the US are taxable under US law.

                    If you want to argue what the law should be, by all means we can have that discussion as long as you're polite and civil.

                    But if you want to argue what the law actually is, you need to do a little research before you try to act like you're an expert on US tax law. I literally posted the IRS website for you. It clearly states income from any performance or revenue related to that performance is taxed by the IRS.
                    That would be impossible to enforce. Then there's the tax treaty where if you pay income tax in one country you don't have to in another.

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                    • BoxingIsGreat
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                      #50
                      Originally posted by Robbie Barrett
                      That would be impossible to enforce. Then there's the tax treaty where if you pay income tax in one country you don't have to in another.
                      Robbie, I know how the bold works. When I worked in Korea and paid taxes there, I didn't have to pay taxes back home. So, Joshua, will be taxed in the US, not in the UK. That's how this one works.

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