Sunday, May 20, 2012

Pacquiao vs Bradley Fight: Tax Problems

Tax is considered one of the best sources for income and answer for monetary problems in any state or country. Could you believe that even professional boxers in the making could suffer in this kind of dilemma? Yes, you hear it right, even fighter inside the ring faces this level of circumstances. Not of course on the long way run, because they do have the money to solve it right away.

This coming June 9th, the battle of two of the best fighters in boxing saga is scheduled. And with connection to my discussion a while ago, the fighters do undergo in Tax disturbances. Manny Pacman Pacquiao and Timothy Bradley will go to clash and end with scenery of one man over the other. Watch Pacquiao vs Bradley Fight Live Online.

Upcoming fight of Pacquiao vs Bradley soon on June 9 in Las Vegas will showdown. But the world boxing champion Manny Pacquiao said Thursday that a growing row with the Philippine government over tax. Pacquiao said. "I am not affected. That is nothing to me." He said "I have been reading the bible to gain strength and inspiration," and "I am still focused and I won't allow these issues to affect my concentration." said he was already doing roadwork ahead of the start of his official training camp on April 16. Two faces the American Bradley on June 9.

Congressman Manny Pacquiao is a 33 year old Catholic who has talked increasingly of his religious beliefs.
Internal revenue chief Kim Henares said Thursday that Pacquiao -- regarded as one of the best pound-for-pound fighters around -- was firing up the controversy that the boxer says is costing him money in endorsements. But on Monday, Pacquiao vowed to launch a countersuit after the Bureau of Internal Revenue filed a criminal case against him last month for failing to submit proper documents about his huge earnings. If Manny Pacquioa will be found as guilty, the millionaire sportsman could face up to two years in jail, but of course he said as I mentioned it here in this post, he is not afraid.

Pacquiao just didn’t give the simple thing for just this simple set of documents, if his just present if the case will be closed, but he didn’t.

But as I read some of article news, the agency of Pacquiao didn’t even had accused the tax evasion. Just wanted to make sure he had paid the right amount of taxes for each boxing matches including numerous commercials of endorsements.

The latest event and colorful of Pacquiao’s career was the tax problems. He hinted last week that it will be ending soon, because God had told him to retire soon for his boxing career. He also said that he will give up all partying and gambling stuffs to become a more vocal advocate for Christianity quoted frequently of the bible at every opportunity.

Pacquiao declared assets at the end of 2010 at 1.13 billion pesos ($26.3 million) and no liabilities, making him the Philippines' wealthiest Member of Parliament.

Pacquiao, who has a 54-3 wins-loss record with two draws, stakes his World Boxing Organization welterweight crown against Bradley.

Well as we can see, Pacquiao will not be distracted from the governments tax issue in his upcoming fight on June 9 with Bradley. For me, the Paquiao vs Bradley will also one of the best fight of each fighter for this month because, Bradley is an undefeated champion too. But we can't say this for now. Let's just set back and wait for the fight, but I am here to provide you the latest news about each fighter.

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