28 Nov 2013

Boxing hero orded to pay $US50m tax bill

12:59 pm on 28 November 2013

Philippines authorities have demanded that the country's boxing legend Manny Pacquiao pay a $60 million tax bill or risk having assets seized, but the national hero has vowed to take the fight to court.

The battle between one of the best boxers in history and the taxman has shocked his army of fans in the Philippines, emerging just days after a comeback win in the ring was hailed as a moment of hope amid the aftermath of the deadly Typhoon Haiyan.

Pacquiao says he paid his taxes in the United States, and so did not need to do so in the Philippines because the two countries have an agreement allowing their citizens to avoid double taxation.

But the tax commissioner says the 34-year-old had failed for two years to provide documents proving his US payments.