Manny Pacquiao Owes IRS $18 Million?

Manny Pacquiao, Filipino boxer and outspoken Christian, apparently owes both the U.S. and the Philippines in back taxes, with the IRS claiming he dodged paying $18 million from previous years.

 From TMZ:

Manny Pacquiao has 18 MILLION new tax problems … 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.

TMZ Sports has obtained official documents which show the IRS claims Manny stiffed the government out of federal income taxes from 2006 to 2010 … totaling $18,313,668.79 in debt.

Here’s the yearly breakdown:

2006 — $1,160,324.30
2007 — $2,035,992.50
2008 — $2,862,437.11
2009 — $8,022,915.87
2010 — $4,231,999.01

Interesting note — Manny had 3 big fights in 2008, including a match against Oscar De La Hoya in which MP reportedly banked $15-$30 million in guaranteed cash.

Read more: http://www.tmz.com/2013/12/10/manny-pacquiao-irs-tax-united-states-18-million/

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