Spazkat
Registered User
- Feb 19, 2015
- 4,362
- 2,277
This discussion still going?
Agents have said that they have all the tools to make every NHL-contract equally taxed. So, if players are not interested in lower taxes by themselves, it's their loss in some organizations.
But players who do care about their tax planning, and let agents work it out, can have same net money in any NHL location.
/end of discussion.
So who pays the taxes in this scenario? Do you have owners essentially paying their players taxes for them? The whole point of a salary cap is cost certainty - which goes out the window if cash output is variable each year based on state/local taxation rate changes and roster. Owners/BOG will *never* agree to that.
Will there be 'rebate' scenario if said player has a good accountant and actual taxes are less than this formula calculates or is that just free money for the player?