Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Impact of taxing the rich on Canadian Hockey teams

kipperiggy · 05-06-2015, 10:32 AM

I imagine doing income taxes for an American-citizen hockey player would be a nightmare as I seem to remember from tax class that they get taxed at whatever state rate the work is performed. So you'd be taxed at 23 different US state rates plus whatever the foreign rate would be for games played in Canada.

Canada taxes based on residency and not citizenship as at Dec 31. For Canadian players resident in the US, I'm not sure if it would be State-specific or one foreign rate.

There's a reason I'm in audit and not in tax... what a mess!

05-06-2015, 10:32 AM	#4
kipperiggy First Line Centre Join Date: Jun 2004 Location: Sask (sorry) Exp:	I imagine doing income taxes for an American-citizen hockey player would be a nightmare as I seem to remember from tax class that they get taxed at whatever state rate the work is performed. So you'd be taxed at 23 different US state rates plus whatever the foreign rate would be for games played in Canada. Canada taxes based on residency and not citizenship as at Dec 31. For Canadian players resident in the US, I'm not sure if it would be State-specific or one foreign rate. There's a reason I'm in audit and not in tax... what a mess! __________________ Thanks AC!