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In a recent court case, Toronto Maple Leafs John Tavares won his case against the CRA. What does that mean for Canadian hockey teams?
The case centered on the $15.25 million signing bonus he received in 2018, which the CRA argued should be taxed as regular income rather than a signing bonus. Tavares, a U.S. resident then ...
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You may have heard about the taxation issues that NHL star hockey player John Tavares and others (such as retired future Hall of Famer Patrick Marleau and several NBA players) have faced from the ...
Compared to most Canadians, John Tavares makes a lot of money. The 34-year-old is in the final season of a seven-year, $77-million deal he signed with the Toronto Maple Leafs in 2018. Before that, he ...
The Canada Revenue Agency (CRA) has been ordered by the Tax Court of Canada to disclose key internal documents in its ongoing battle with Toronto Maple Leafs forward John Tavares, marking a ...
Tavares is coming off one of the best of his 16 NHL seasons and was slated to become an unrestricted free agent on July 1.
Nevertheless, the CRA wants to tax Mr. Tavares on the US$15.25-million amount as though it’s salary and not a signing bonus, which would make him ineligible for the 15-per-cent treaty tax rate.
Toronto Maple Leafs captain John Tavares has begun a legal battle with the Canada Revenue Agency (CRA) over an $8 million tax bill stemming from a $15.3 million signing bonus he received in 2018.
In his appeal, Marleau — a Canadian who played for the Leafs from 2017 to 2019 — said CRA is claiming over $3.8 million in combined federal and provincial taxes on his signing bonuses paid in ...
The CRA says that Tavares should pay his regular income tax rate on the signing bonus he received when he first signed his free-agent contract with the Toronto Maple Leafs on July 1, 2018.
The Canada Revenue Agency (CRA) has been ordered by the Tax Court of Canada to disclose key internal documents in its ongoing battle with Toronto Maple Leafs forward John Tavares, marking a ...
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