US govt chase Pacquiao out of $18-M tax debt

Philippine boxing champ Manny Pacquiao—being bombarded by the Bureau of Internal Revenue (BIR) claims of million-peso tax liability—is now being chased by the United States Internal Revenue Service (IRS) for the $18.3 million debt (about P800 million) incurred over years 2006 to 2010, according to TMZ Sports article.

Based on the report, Pacquiao failed to settle his taxes over 3 big fights against Oscar dela Hoya in 2008, Ricky Hatton and Miguel Cotto in 2009, as well as his yearly tax liability in those five years.