Sunday, April 13, 2014

NEXT BIG FIGHT: PACMAN VS TAXMAN?


Manny Pacquiao will face yet another tough battle when he comes home after winning the welterweight title against American Timothy Bradley.


This time, it’s against the taxman.

Pacquiao, who won the 12-round match on Sunday (Saturday night in the US), was guaranteed to earn $20 million or P880 million.

The ring icon is already facing tax charges before the Court of Tax Appeals. But he had said he will present evidence to the Bureau of Internal Revenue Commissioner (BIR) that his winnings in his past fights were already subjected to 35 percent tax in Las Vegas.

Continue Reading at www.manilatimes.net