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Jake Paul’s Team Launches Lawsuit Days After Anthony Joshua Knockout
Anthony Joshua faces a combined US and UK tax bill exceeding £30 million after earning roughly £68.5 million in a Netflix-backed Miami fight, with 37% due to the IRS.
- On Friday Anthony Joshua dropped Jake Paul in the sixth round at the Kaseya Center in Miami, with Referee Christopher Young halting the bout at 1:31.
- Because the bout took place on American soil US income tax rules apply to the purse, making Anthony Joshua liable for US income tax at the highest rate and needing to settle with British tax authorities.
- Sources say the prize pot was roughly 137million pounds, with each fighter earning 68.5million, translating to about 69k per second.
- Anthony Joshua faces large withholdings that cut into his payout, with AceOdds estimates 37% of his purse—about £25.6m—will go to the IRS and he must settle roughly 5.5million with HMRC.
- Joshua said money wasn't his primary reason for accepting the bout and told talkSPORT `I deserve it`, though the 36-year-old admitted he could have performed better.
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20 Articles
Coverage Details
Total News Sources20
Leaning Left4Leaning Right2Center4Last UpdatedBias Distribution40% Left, 40% Center
Bias Distribution
- 40% of the sources lean Left, 40% of the sources are Center
40% Center
L 40%
C 40%
R 20%
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