Quote Originally Posted by yvonne View Post
The question i want to know is does Pacman have to pay tax? Is that why he wants more cash than Hatton,,just a thought
Of course he has to pay tax.... but... the tax he pays to the Philippines has foreign tax exclusions in the US and may even offset his tax in the US. (There is even a chance if it's don right that the contract is done in a way that his earnings are off shore avoiding tax) Plus his tax lawyer should be able to get him lots of credit for bringing economy to the US, not to mention the economy he brings to the Philippines. A lot of his costs are also deductible. (Example his expenses for maintaining two homes, his security ext....) Some of the same is probably true for Hatton although I don't think he maintains a residence in the US. It would definetly be to his advantage. The UK does suck big time when it comes to tax so I don't think Hatton has it as good as Pacquiao. Gotta shutup here.... anway certainly they both have more tax saving advantages enough so that it should make Mayweather Jr. cry. (Imagine that...)