Ear Hustle

Boxer Manny Pacquiao Allegedly Owes IRS $18 Million In Taxes

manny-pacquiao

TMZ Sports has obtained official documents which show the IRS claims Manny  Pacquiao 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.

In 2009, Manny famously fought Ricky Hatton and earned a $12 million purse.

Manny’s U.S. tax problems come on the heels of a nasty tax war in his home country, The Philippines … where the govt. claims he evaded paying $50 million in taxes in 2008 and 2009 stemming from fights that took place in the United States.

Philippines officials have frozen the bank accounts Manny has in the country … and even placed a lien on one of his most expensive properties, located in Manila.

We reached out to Manny’s camp — so far no word back.

 

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