News Strickland turned down a fight with Fluffy, says he don't want to pay tax and Chimaev isn't booked anyway

188912345 said:
It's kind of a coping strategy from haters who were sure Dricus would beat him, like "LW-Burns" and "no-knees-Usman" almost did.
Click to expand...
Very true. A bit off topic but I don’t get why DDP doesn’t get more shit for that fight. His game plan was literally to lose while hoping Khamzat tires out and takeover then.
 
chinarice said:
You have way way way way way way wayyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy too high of expectations in the intelligence of Sean Strickland, of all fighters.
Click to expand...
If there was ever a guy to bring back Bully Beatdown, it's Sean.
 
So does he want MW or not? If he's so worried about the division being stagnant (and doesn't want to fight Khamzat, seemingly), then why try to rebook Fluffy in the states? Just call for a fight against Rountree or something. Go test his weakass teepfest shit against that kind of style striking
 
Lol this point fighter little shit at 205 would be great.
Teep, jab, die.
 
Unheralded Truth said:
Very strange thing to do. Based on the world's marginal rate of 35% in taxes, there's an agreement between the USA and Australia that if you submit documents, the tax rate
gets adjusted to what would have been the withdrawn in the USA for the same income. A fighter with a somewhat competent manager wouldn't have a reason to avoid performing
work in Australia. But seems like a lot of these guys don't have the best managers... Thoughts?
Click to expand...
Not correct at all. Tax rates don't get adjusted. Aus taxes them at their foreign-income tax rates (30% on first $90k, 37% from $90-$127k, 45% on anything > $127k, all converted to usd). The fighter CAN take advantage of a foreign tax credit but the problem is if you get pay more tax in a foreign country than you would have in the states, you do NOT get a refund. It's essentially lost because it's doubtful you're going to fight in a country in the same year with a lower tax rate than the US (I guess Saudi or something. In that situation your US taxes would be higher than Saudi, so any excess FTC credits would reduce that tax burden). But you cannot even use this "excess" taxation to offset taxes you would owe if you fought again the same year in the US, only foreign income.

Fighting in Australia is pants on head retarded as an American. If a fighter gets $300k, they would owe $75k to the US versus $119k to Aus. FTC says you paid $119k elsewhere, don't worry about the $75k but you're also receiving no benefit for the excess $45k you paid to Aus.
 
"Little whore Chimaev has Ramadan"

Ngl this made me laugh hard.
 
flektarn said:
Not correct at all. Tax rates don't get adjusted. Aus taxes them at their foreign-income tax rates (30% on first $90k, 37% from $90-$127k, 45% on anything > $127k, all converted to usd). The fighter CAN take advantage of a foreign tax credit but the problem is if you get pay more tax in a foreign country than you would have in the states, you do NOT get a refund. It's essentially lost because it's doubtful you're going to fight in a country in the same year with a lower tax rate than the US (I guess Saudi or something. In that situation your US taxes would be higher than Saudi, so any excess FTC credits would reduce that tax burden). But you cannot even use this "excess" taxation to offset taxes you would owe if you fought again the same year in the US, only foreign income.

Fighting in Australia is pants on head retarded as an American. If a fighter gets $300k, they would owe $75k to the US versus $119k to Aus. FTC says you paid $119k elsewhere, don't worry about the $75k but you're also receiving no benefit for the excess $45k you paid to Aus.
Click to expand...
Also not accounting for the fact that you have to fly out to Australia atleast 2 weeks before, deal with the horrible 20+ hour flight, and the additional expenses of having to fly your team over and all that too.

There is tons of reasons for Americans to avoid fighting in Australia.
 
Strickland gets smoked at 185 or 205. No belt for him ever again.
 
Imagine Sean Strickland shit talking someone's fighting style because it's boring.

Chimaev finishes Sean within 3.
 
With the taxes you get charged fighting there I dont blame him. Book that shit as either a fight night main event in states or throw it on a numbered card in March. Its def the fight they should book. Imavov is next and then either FLuffy gets a big name win and secures his shot or Strickland gets a huge win and jumps the line.
 
CC27 said:
With the taxes you get charged fighting there I dont blame him. Book that shit as either a fight night main event in states or throw it on a numbered card in March. Its def the fight they should book. Imavov is next and then either FLuffy gets a big name win and secures his shot or Strickland gets a huge win and jumps the line.
Click to expand...
To my understanding, foreign taxes are fully deductible when you do your taxes in America.
 
Sounds like there's more to it he also mentions the insurance being a problem
 
You must log in or register to reply here.

Similar threads

Unheralded Truth
Media Sean O'Malley says no MW is matching Chimaev - wants him to go straight to 205 title fight
2
Replies
23
Views
893
KO Shotz
KO Shotz

Latest posts

Forum statistics

Threads
1,280,145
Messages
58,261,821
Members
175,984
Latest member
Omar Ahmed Lotfy

Share this page

Back
Top