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Manny Pacquaio now $18 million in debt to the IRS?
Just when you thought Pacquiao's financial woes coudent get worse..it did.
He now has a bill of $18 million dollars ... in addition to his $50 million tax fight in the Philippines ... and this time, it's Uncle Sam that's trying to force Manny to pay up.
the first thing Pac needs to do is fire all of his people...there's no way anyone with an entourage that big can overlook an issue like taxes..
@Pacfans ..well,the 'bright side' to this is atleast you will get to see Pac fighting in the ring..for the forseeable future.
Pac would've been better off with Haymon
Bob doesn't give a **** about him.
What do you think?
11 Answers
- 7 years agoFavorite Answer
He owes $68 million. 3 fights pay that off. One fight with Mayweather finishes it though. Mayweather will most likely not fight him just to see Pacquaio fall into debt. And we all thought Mayweather would be the one with the money issues but he has $123 million in one bank account. And added $90 million from Canelo. Unbelievable whats going on.
- 7 years ago
Funny you mention it, and the answer to you question is (Drum roll please), Yes there are unpaid debt as mentioned by the IRS and the BIR which is the Philippine version of the IRS, but there are also reports that his attorney needs to clarify that he did paid his debt in time, but the question every one here is asking is who is telling the truth, recently the U.S version of the B I R Bureau of Internal Revenue stated that what ever Manny's lawyer is saying is false. Manny Paciao has some unresolved debt in the States and now he is getting pressured in both the US and the Philippines.Anyway he is a politician in the Philippines there are ways he can get rich here, by doing some more movies and having fake relationships with showbiz actresses, only thing he needs here is a bad publicity to get rich.
Source(s): News - Anonymous7 years ago
Bob arum is leaving Manny pacquiao with nothing. He should fight Floyd mayweather because he will make enough money to pay off his fines and taxes. He will need to leave Top rank because Uncle Sam is going to send him to jail.
- AntonioLv 67 years ago
BIR in the Philippines, and now IRS. So that's the reason why he fought RIOS in CHINA not USA. Oh Manny your problems is getting bigger. Fire your accounting adviser.
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- ?Lv 67 years ago
Ghazan
Pacquiao deny it, pac said it is not true...I dont know who is telling the truth...well see...
- Anonymous7 years ago
Why people with tiny brains are most famous? How can a person be in debt who has earned so much?
- Anonymous7 years ago
Pacquiao doesn't need Arum, he should leave TR Promotions ASAP!
- Astro CreepLv 57 years ago
@guess lolz..
if that's true then pacquiao have been banned since 2009 in the USA