Hall of Fame promoter Bob Arum is luring Manny Pacquiao to the Bahamas for the first half of his training camp for the November 14 duel with Miguel Cotto but the Filipino fighter might end up going to Canada, Mexico — or even the Philippines.
Owing to an Internal Revenue Service (IRS) regulation called the Substantial Presence Test, defined as a calculation that determines the resident or nonresident status of a foreign national for tax purposes in the US, Arum said Pacquiao has to spend the first four weeks of training outside US territory and the Bahamas, which is 45 minutes by air from Florida, turned out to be perfect choice.
“Manny’s going to love it there,” Arum said on Wednesday, stressing that a high-ranking executive of the high-end Atlantis Resort in the capital city of Nassau, is more than willing to host Pacquiao and his training team.
“The weather is similar to that of the Philippines and everything there will be first-class,” said Arum, who turned a bit annoyed when told about the possibility of Pacquiao opting to stay in the Philippines.
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Source: www.mb.com.ph
By: Nick Giongco
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