Lawyer sees 'glaring errors' in Pacquiao tax reports
MANILA, Philippines – A legal counsel representing Manny Pacquiao cited “serious errors” in recent reports pertaining to the boxer’s alleged $18.5-million unpaid taxes to the Internal Revenue Service (IRS) in the US.
According to Atty. Steven Toscher, a senior lawyer of Hochman Salkin Rettig Toscher & Perez, there have been mistakes in the report that first came out on the celebrity website TMZ.
"We recently became aware of stories about Manny’s personal taxes," Toscher said in a Ring TV report by Lem Satterfield.
"The disclosure of Manny's personal tax information is wrong, the recent stories contain serious errors, and Manny is committed to working with the IRS to resolve any outstanding issues,” the lawyer said.
“Manny and his financial advisors are handling the situation,” he stressed.
TMZ came out with the story about Pacquiao’s supposed unpaid duties, citing "official documents" that reportedly indicated that the Filipino boxer has $18.5 million worth of unsettled taxes from 2006 to 2010.
Pacquiao has already denied missing his tax payments, insisting that Bob Arum’s Top Rank has been forking over his taxes to the IRS for each of his fights in the US.
The boxer also claimed that these tax issues are being orchestrated to destroy his reputation.
Toscher said he is working with Pacquiao’s other US lawyer, David Marroso, on the boxer’s case.