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Sexy Sergio ( L E O N )

· The Innovative Savant
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10,967 Posts
Discussion starter · #1 · (Edited)
http://www.boxingscene.com/irs-now-targets-manny-pacquiao-18-million-debt--72607

By TMZ

Manny Pacquiao's financial problems are starting to build up. He now has a bill of $18 million dollars ... in addition to his $50 million dollar tax fight in the Philippines ... and this time, it's Uncle Sam that's trying to force Manny to pay up.

TMZ Sports has obtained official documents which show the IRS claims Manny owes the government millions in federal income taxes from 2006 to 2010 ... totaling $18,313,668.79 in debt.

Here's the yearly breakdown:

2006 -- $1,160,324.30
2007 -- $2,035,992.50
2008 -- $2,862,437.11
2009 -- $8,022,915.87
2010 -- $4,231,999.01

Interesting note -- Manny had 3 big fights in 2008, including a match against Oscar De La Hoya in which MP reportedly banked $15-$30 million in guaranteed cash.

In 2009, Manny famously fought Ricky Hatton and Miguel Cotto.

Manny's U.S. tax problems come on the heels of a nasty tax war in his home country, the Philippines ... where the goverment claims he evaded paying $50 million in taxes in 2008 and 2009 stemming from fights that took place in the United States.

Philippines officials have frozen the bank accounts Manny has in the country ... and even placed a lien on one of his most expensive properties, located in Manila.

We reached out to Manny's camp -- so far no word back.
We don't know if bop has a hand in emmanuel's issues or not, but let's hope he smoothly gets pass this ordeal.
 
Discussion starter · #3 ·
Fuck man, you know Manny's been had in this mess..
This can get tricky. with his own government there was possibly some corruption going down. It's unlikely with Uncle Sam though
 
This is starting to look really bad. I realize corporate entities often get extensions and revise returns, but seven years out seems too long.

Where's there's smoke there's fire and there's a lot of smoke around Manny right now.
 
Discussion starter · #6 ·
I'm too tired, does this mean he owes 68m dollars? That's fucking crazy.
I thought he was good regarding the taxes his government wanted? They demanded he turn in his US IRS papers to them, which he did
 
Discussion starter · #8 ·
I'm too tired, does this mean he owes 68m dollars? That's fucking crazy.
Well the validity of his home government claim is disputed of course and fair enough as Manny has been under attack from what I've read due to the fact that he's in opposition to the current administration but even then a few mill there and the US tax bill ain't no joke.
 
Discussion starter · #11 ·
Well the validity of his home government claim is disputed of course and fair enough as Manny has been under attack from what I've read due to the fact that he's in opposition to the current administration but even then a few mill there and the US tax bill ain't no joke.
boop said that emmanuel's US taxes were automatically taken out of his purses

:conf
 
Discussion starter · #14 ·
To be honest I haven't really taken note of Bop's comments on Pac's payments through the years, when did he say this exactly?
during the whole pinoy govt demands taxes from emmanuel drama
 
Discussion starter · #15 ·
there goes emmanuel ending his top rank contract 1 year early to become a free agent. dude will just feel fortunate to fight with all this drama going on
 
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