Next Floyd Excuse/Demand: "You can't train in the Philippines"

Discussion in 'World Boxing Forum' started by NotAnMMAfan, Sep 13, 2011.


  1. puga_ni_nana

    puga_ni_nana Dempsey Roll Full Member

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    i don't know exactly what it is coz i'm just basing it of from this article.

    http://www.gmanews.tv/story/172807/roach-to-take-over-pacquiaos-training-camp

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    from what i understood, it was a recent law that from 2009 that's why pac has to half his training schedule (first 4 weeks outside US and last 4 weeks in US) starting from the cotto fight.

    and from that figure, if pac is fighting twice a year, 180 days would just be enough for him to avoid paying exta taxes by overstaying his training within 3 years. of course he has to pay some regualr tax but he does not need to pay extra if he can train for less than 180 days in america.
     
  2. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    OK, I understand what you're sayin' about the 180 days and what not, but that is still very vague as to what is "Excess taxes". I mean, is it more than what Floyd would have to pay to fight and take home a monster purse in Vegas, USA? If so how much? Know what I mean.....

    ****, not sayin' that if he can stay the short stays and avoid big taxes (that everybody else has to pay), I'd prolly do the same thing. It just don't seem fair to call it a "problem" though.
     
  3. Lance_Uppercut

    Lance_Uppercut ESKIMO Full Member

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    They have reported in the past on the tax issues Pac faces in the US. Don't recall specifics, or if they even gave any, not that they need to divulge to the press. :D
     
  4. JUSTAFIGHTFAN

    JUSTAFIGHTFAN Well-Known Member Full Member

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    At the end of the day the real question would be: Can a person not be allowed to train in his own country?
     
  5. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    I hear ya'. If I could figure out a way to not pay taxes....bet that ass...:yep:p
     
  6. PrinceN

    PrinceN Obsessed with Boxing Full Member

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    what kind of question is that?
     
  7. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    It also seems fair to say, at the end of the day training in his own country has a significant enough impact on his net purse.
     
  8. Lance_Uppercut

    Lance_Uppercut ESKIMO Full Member

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    Job as a busboy. Paid under the table. :D
     
  9. JUSTAFIGHTFAN

    JUSTAFIGHTFAN Well-Known Member Full Member

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    I totally agree on this, but you also have to consider, I would assume, Pac also pay taxes to his own country.
     
  10. NorthernCross

    NorthernCross Well-Known Member Full Member

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    More often than not, rich people just bribe tax collectors over there. Odds are Pac is no different.
     
  11. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    He might, I am not sure...no question.

    Only thing, IMO, it looks more to me that instead of it being a "tax problem" it's more like after 180 days the loophole he uses to avoid taxes closes. What you think?
     
  12. bollocks

    bollocks Active Member Full Member

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    Filipinos who work overseas aren't taxed by the Philippine government.
     
  13. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    Damn straight! :guitar

    I'm just salty now cause I can't avoid no more....have to pay the piper. :!:
     
  14. JUSTAFIGHTFAN

    JUSTAFIGHTFAN Well-Known Member Full Member

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    Thanks, didn't know about that.

    Understandable since they're the one that props up the Philippine economy.
     
  15. pipe wrenched

    pipe wrenched ESB ELITE SQUAD Full Member

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    Did you misunderstand what bollocks wrote?