Pacquiao's tax problems no effect on MAG Boxing's Friday show at Solaire
By Rich Mazon
PhilBoxing.com
Thu, 12 Dec 2013
Farenas.
The recent financial issues of Manny Pacquiao will not affect the initial offering of the country?s newest boxing promotions of which he is a partner of.
MAG International Boxing Promotions' first boxing event this Friday at the Solaire Resort and Casino which will feature Filipino super featherweight contender Michael Farenas vs Jesus Rios of Mexico in the main event, is a go despite Pacquiao?s tax battle with the Bureau of Internal Revenue Service (BIR) and possibly the United States' Internal Revenue Service (IRS).
Anson Tiu-Co, of MAG does not think that Pacquiao?s tax woes will be a factor in Friday?s show dubbed as ?First Blood? or in its future shows.
?None whatsoever, we are totally independent from Manny's personal affairs,? Tiu-Co told Philboxing.com.
Their other partner, boxing legend Gerry Penalosa shares Tiu-Co?s assessment but would rather not comment on the matter because of its sensitivity.
Pacquiao has been hogging the news lately because of a reported discrepancy in his previous income tax returns, the BIR placed a Notice of Garnishment on some of Pacquiao?s bank accounts in the country.
Tiu-Co and Penalosa though are hoping that their famous partner will be at ringside to witness their initial venture at the newest casino-resort in the country.
Weigh-in for the 10-card event will be held today, Thursday, at 9 in the morning at Ballroom 5 of Solaire.
You can reach the author at rrmaze24@aol.com and on Twitter @Freemazon910.
Click here to view a list of other articles written by Rich Mazon .
Recent PhilBoxing.com In-House articles:
Murat Gassiev Brutally Knocks Out Kubrat Pulev in Dubai
By Dong Secuya, Sat, 13 Dec 2025United States Air Force Paralegals: Law, Order, and Excellence
By Emmanuel Rivera, RRT, Sat, 13 Dec 2025OFFICIAL WEIGHTS AND RUNNING ORDER FOR PACHECO VS SADJO IN STOCKTON
Sat, 13 Dec 2025OFFICIAL WEIGHTS FROM TODAY'S CHM: 2 REMATCH SEASON CEREMONIAL WEIGH-INS IN DOWNTOWN LOS ANGELES
Sat, 13 Dec 2025Donaire to fight Tsutsumi on December 17 in Japan
By Lito delos Reyes, Sat, 13 Dec 2025Nesthy faces Indon legend
By Joaquin Henson, Sat, 13 Dec 2025Bob Santos Joins Broadcast Team for Boxlab Promotions’ “Night of Champions XIII” During WBA’s 104th Annual Convention
Sat, 13 Dec 2025Championship Bouts Set for the Bantam and Intermediate Division
Sat, 13 Dec 2025SEAG Triathlon, aquathlon, duathlon in Rayong
By Lito delos Reyes, Sat, 13 Dec 2025Jeremy Marticio wins IIEE SIKAT, ICFF won PTC World Engineering Opening
By Marlon Bernardino, Sat, 13 Dec 2025Facularin to fight Torres on December 13 in Japan
By Lito delos Reyes, Fri, 12 Dec 2025Baricuatro wins, Veloso falters in SEAG boxing
By Lito delos Reyes, Fri, 12 Dec 2025BASH BOXING AND UP NEXT FIGHTING RETURN WITH SPECIAL EDITION UNF 29 TOMORROW NIGHT AT ACE · MISSION STUDIOS IN LOS ANGELES
Fri, 12 Dec 2025MERCADO AIMING TO SEND MESSAGE TO 140LB RIVALS
Fri, 12 Dec 2025Sullivan Management signs Influencer/pro boxer Brooklyn Barwick
Fri, 12 Dec 2025