Thread: [News] John Tavares
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Old 02-07-2024, 02:28 PM   #11
Scooter
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Join Date: Nov 2007
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Quote:
Originally Posted by Ashasx View Post
After reading the article, it looks like they are only claiming 15% tax on the first signing bonus paid in 2018.



It looks like it's more of a question of which country he earned income in.
His argument is the 15% tax rate is a provision of Canada-U.S. taxation treaty, which sets aside the lower tax rate for "inducements" such as signing bonuses, paid to athletes, artists, actors, and musicians.
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