Around The NHL #2 - Playoffs?

Discussion in 'Arizona Coyotes' started by MIG, Dec 1, 2018.

  1. Katie Connauton

    Katie Connauton 343

    Joined:
    May 3, 2012
    Messages:
    82,009
    Likes Received:
    3,790
    Trophy Points:
    157
    Gender:
    Female
    Occupation:
    Firefighter recruit
    Location:
    Payson, Arizona
    That'll be his gross pay, but for his tax bracket in Ontario, where it'll actually be paid, he'll get taxed on it at a rate of 53.29%. The net value of the check will be a mere $7,099,920.00 :sarcasm:
     
  2. moosemeister

    moosemeister Registered User

    Joined:
    Feb 15, 2010
    Messages:
    5,283
    Likes Received:
    2,694
    Trophy Points:
    126
    Location:
    Gilbert, Arizona
    I love that the team has the most injuries but still competes very hard. My expectation for the season was to still be playing meaningful games in February, and they're doing that.

    At least we aren't the Oiler.
     
  3. Lilhoody

    Lilhoody Registered User

    Joined:
    Nov 25, 2016
    Messages:
    1,100
    Likes Received:
    445
    Trophy Points:
    98
    Gender:
    Male
    Location:
    Peoria, AZ
    Ridiculous and not surprising. He took a shot from the Doc and will continue to medicate in order to get through the season. Why? He did the same with a broken hand(?) and grieving his mother. What will it be next year?
     
  4. MIG

    MIG Undocumented User

    Joined:
    Jan 3, 2012
    Messages:
    4,425
    Likes Received:
    1,677
    Trophy Points:
    109
    Occupation:
    Speculator
    Location:
    U.S. of A.
    Yet another reason to move to AZ.
     
  5. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    15% on signing bonus.
     
  6. Katie Connauton

    Katie Connauton 343

    Joined:
    May 3, 2012
    Messages:
    82,009
    Likes Received:
    3,790
    Trophy Points:
    157
    Gender:
    Female
    Occupation:
    Firefighter recruit
    Location:
    Payson, Arizona
    What?
     
  7. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    I h ope you are right about Fischer, but I don't see anything in his game to convince me he hits 50 pts. If you would have asked me last year, I would have said that we should expect a 50 pt. season.
     
  8. ctwin22

    ctwin22 Go Desert Dogs

    Joined:
    Mar 21, 2008
    Messages:
    5,834
    Likes Received:
    716
    Trophy Points:
    139
    Location:
    Chandler, AZ
    I agree...Fischer has got 50pt potential for sure. Needs to improve his quickness a little and I also think he will have a rebound in production. I think he should be a 20/50 guy every year.
     
  9. YotesFan47

    YotesFan47 Registered User

    Joined:
    Jun 16, 2012
    Messages:
    1,637
    Likes Received:
    279
    Trophy Points:
    94
    Location:
    Phoenix, Arizona USA
    It's hard to say, a ton of players go through sophomore slumps and Fisher may be in that category. He could also be a career bottom 6 guy who peaked in his rookie season. We'll have to wait and see but I still see the potential for a 2nd line TW player.
     
  10. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    He loses 15% to tax instantly for an American playing in Canada and then all taxes for the year are calculated based on the jurisdiction where the player calls home. If AZ is Matthew's official home he pays AZ tax rate even while playing in Canada.
     
    Katie Connauton likes this.
  11. Grimes

    Grimes Registered User

    Joined:
    Jan 5, 2012
    Messages:
    4,200
    Likes Received:
    808
    Trophy Points:
    109
    Location:
    Tippet's Doghouse
    If Fischer is a consistant 15-20g 30-40 point forward I would be happy with using a 2nd round pick on him. That's a solid third liner with upside. He is getting grittier and playing better against the boards. I'm excited to see what a 25 year old Fischer plays like. If he can take another step and becomes a consistant 20-30g and 40-50p forward than I will be thrilled. We need more 2nd round or later picks to turn out like what Fischer is now. We need more 2nd round and later picks to exceed what Fischer is now as well.
     
    Imaravencawcaw and BigJCaRoach like this.
  12. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    I think you better research that.
     
  13. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    I did, there is no AZ advantage for Matthews, he pays the same tax no matter where he plays, roughly. I have already clarified tgat was in relation to signing bonus vs salary in the post you quoted.
     
  14. lanky

    lanky Registered User

    Joined:
    Jun 23, 2007
    Messages:
    4,126
    Likes Received:
    730
    Trophy Points:
    139
    Location:
    Winnipeg
    It's not about where he calls home it's about where the dollars are earned. Road trips make the jurisdiction thing very complicated.
     
  15. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    Incorrect, he pays most of his income tax in the State where he declares his primary residence. Yes there are factors that split the pie but his tax rate is based on home State or Province.
     
  16. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    AM will be classified as an Canadian resident and will be taxed accordingly.
     
  17. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    Incorrect.
     
  18. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    He spends most his time in Canada, gets paid in Canada, will be a resident of Canada not USA. He can still be a American citizen but he will be taxed where he hangs his hat sort of speak.
     
  19. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    Still no, there were many articles written about this when Stamkos was heading to free agency. Tgere are variables with the most important being where you keep your primary residence. Matthews can easily rent in Toronto while maintaining a house in Scottsdale and really end the conversation. Here is one:

    Why the “Stamkos Tax” may actually be in Toronto’s favour
     
  20. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    If Matthews makes his primary residence in AZ and declares that he will pay his taxes based on AZ but it will be distributed based on amount of time he spends in each area. If it's half Toronto, Ont and Can would receive 50% of his income tax bill based on AZ rates. This is simplified as there are other factors and areas who want their cut.
     
  21. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    He can't make his primary home in AZ. His primary home will be Canada, no if, ands or butts. He will pay Canadian taxes on 100% of his money. He spends way more time in Canada than the US. He might get a credit some how if he has income in the States, but a person can not dictate where their primary address is.
     
  22. TheLegend

    TheLegend Megathread Gadfly

    Joined:
    Aug 30, 2009
    Messages:
    13,770
    Likes Received:
    3,522
    Trophy Points:
    156
    Occupation:
    Llama Wrangler
    Location:
    Buzzing The BoH Tower

    Do you have a legitimate source to back this????

    Or is this just your opinion??
     
  23. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    Wrong again Jakey. Auston Matthews Shoots And Scores Tax Savings - Tax - Canada
     
  24. Jakey53

    Jakey53 Registered User

    Joined:
    Aug 27, 2011
    Messages:
    16,353
    Likes Received:
    1,755
    Trophy Points:
    156
    A lot of if's in that article. He doesn't say how he can avoid "triggering Canadian residency rules". I don't see how he can be called a US resident but resides in Canada the majority of his time. I'm going to call my immigration attorney friend and see if the laws have changed and if this is at all possible.
     
  25. Jamieh

    Jamieh Registered User

    Joined:
    Apr 25, 2012
    Messages:
    3,420
    Likes Received:
    817
    Trophy Points:
    109
    It has been written about many times. The easiest way is to keep yoyr primary residence in AZ while renting in Toronto and signing the Closer Connection Form. It's an 8840 for Canadians in US but I don't know what the reverse is called? Call whoever you want Matthews won't be paying much Canadian tax.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice
monitoring_string = "358c248ada348a047a4b9bb27a146148"