Manny Pacquiao prefers to fight in China because of high U.S. taxes

“Manny Pacquiao’s chief adviser insisted Monday that the Filipino superstar’s preference is for his next bout – a fifth fight against Juan Manuel Marquez – to take place away from Las Vegas, with the off-shore Chinese gambling resort of Macau emerging as the ‘favorite.’  Michael Koncz told Yahoo! Sports that the 39.6
percent tax rate Pacquiao would face if he were to fight again in the U.S. makes a fall bout in Las Vegas ‘a no go.’   Promoter Bob Arum Arum said Pacquiao would not have to pay taxes if the fight takes place in casinos in either Singapore or Macau.”

http://sports.yahoo.com/news/boxing–pacquiao-prefers-to-fight-marquez-in-china-because-of-high-u-s–taxes-003802872.html

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