Floyd Mayweather petitions the IRS for a tax reprieve until after his fight with Connor McGregor...
From Law360
Boxing champion Floyd Mayweather Jr. doesn’t have enough cash on hand to meet his 2015 tax liability, according to a Tax Court petition asking for a reprieve until after an upcoming fight because his current assets, while “substantial,” are “restricted and primarily illiquid.”
The petition, filed July 5 and served two days later, asks for a short-term installment agreement of under three months after the IRS refused based on a finding that Mayweather had adequate assets to meet the unspecified liability.
