$4.92M tax mistake
NZPA-AP Miami A four-time boxing champ, Roberto Duran, received more than SUS 3 million (5NZ4.92 million) in income tax refunds last year from the Internal Revenue Service, though the agency owed him only SUS6O,OOO (5NZ98.400). The United States Justice Department is seeking a refund from Duran. But his lawyer, Jan Neiman, said the boxer will need time to pay. "He has every intention of paying it back, and we’re looking for ways to do that,” Mr Neiman said. “We’re hoping to work out a payment plan. We think it will take less than a year.” The Panamanian-born Miami resident, who came out of retirement to win the World Boxing Council title in February, could not be reached for comment.
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Press, 11 May 1989, Page 48
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122$4.92M tax mistake Press, 11 May 1989, Page 48
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