Team_Spirit
95% Elliotte
- Jul 3, 2002
- 37,754
- 17,668
Why do you think so many players have their own charities/businesses?
Tax write-off.
This is old, and pre-tax write off :
Tax write-off.
This is old, and pre-tax write off :
Huh? I'm not sure that's how it works.
Usually by Canadian tax laws, 1) where you live 6 months + 1 day is where you get taxed. That's why there's a lot of high class workers that live on tax free islands and countries and come back to Québec to sign contracts, then leave again.
2) Business trips are a part of any worker's mandatory duties, you don't pay taxes from every place you get sent off too.
Why do you think so many players have their own charities/businesses?
Tax write-off.
This is old, and pre-tax write off :
But the Canadiens, like some other NHL teams north of the border, face a troublesome obstacle when it comes to negotiating with players: Revenue Canada. Many players on NHL teams in Quebec and Ontario pay the highest combined federal and provincial/state income tax rate in the NHL, a TSN study has found.
Canadiens defencemen Andrei Markov and P.K. Subban will each make $7 million on paper this year. But after handing over 49.7 per cent of their check to the taxman, they'll each bring home just $3.5 million.
Why do you think so many players have their own charities/businesses?
Tax write-off.
That's tax deductible!Depends if you like Strip clubs or not.....
It's great indeed.All things being equal, sure, but living in a city as big, as safe, as cultural and as hockey-mad as Montreal makes up for a lot of things.
Dallas has nothing on Montreal, neither does Minnesota or Calgary or Detroit or whatever.
A winning organization is the biggest draw.
Don't forget the smoked meat, nightlife, beautiful women and it's difficult to walk into a bad restaurant.Want to live in one of the safest, cleanest, most cultural cities in the world? A city that loves hockey and loves life?
Pay up.
You anti-taxers forget that.
Edit: I've lived in a tax-less city, it sucked. I've also been living in NYC, not as high taxes but expensive as hell, also has many flaws.
Montreal is a special, special city.
Take North Korea for example...Tax rate is 70% in Sweden. Always worse somewhere else.
Just heard ray Ferraro on the radio, and he said his favorite road city by far was Montreal.
It's called Socialism, you are paying for corruption and for people to not work. You are paying for students to protest on the street, you are paying for people to work seasonally but collect unemployment. I'm shocked that people are bringing this up, I thought everyone already knew this.
I think it works like this in Canada:
Non resident players playing for US teams and who reside in the US (live > 183days) pay taxes in the US and do not pay Canadian taxes. (Patrick Kane)
Non resident players playing for Canadian teams pay taxes in the USA and Canada based on the percentage of games played in each country. (Max Pacioretty)
Canadian residents playing for Canadian teams pay Canadian taxes. (Pk Subban)
Canadian resident players playing for US teams pay taxes in the USA and Canada based on the percentage of games played in each country. (????? Who would do this?)
and some people would like to raise taxes even more
To play in front of 8k in Florida or 21k passionate fans every night...tough choice
Crosby? I believe he owns a home in Halifax and lives there in the off-season.
I'm quite happy living in Canada. And that wouldn't change if I was a pro hockey player.I think anyone in the area would know what taxes are like, especially in Ontario and Quebec.
I know if I were a hockey player, my preference would be to play in Florida because of the taxes alone.
I agree with this post!Yup. Personnally I don't mind paying taxes if it means that social services are offered to people who need it most. The use of these taxes made by the government is one hell of another problem though...
Montreal is just a great place to live in, whether you pay a lot of taxes or not. So... I don't really see the point of this thread. I'm sure many plaers would love to play for the habs, because if you perform in here, you'll be a city hero more than anyone can imagine.
That's what a real hockey city is all about.
Go to bed, grampa.It's called Socialism, you are paying for corruption and for people to not work. You are paying for students to protest on the street, you are paying for people to work seasonally but collect unemployment. I'm shocked that people are bringing this up, I thought everyone already knew this.