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Cincinnati Bengals receive an F- in food for its players
#26
https://news.bloombergtax.com/tax-insights-and-commentary/nfl-draft-picks-pay-hinges-on-wildly-different-state-tax-rates

Quote:For away games, all professional athletes are subject to the jock tax, which income-taxing states assess on all income earned by a professional athlete for pre-season, regular season, playoff, championship, and even Pro Bowl games. This means if a rookie is drafted to the Dallas Cowboys, he’ll be subject to an income tax on the salary he earns any time he faces off against the Cowboys’ longtime rivals—the Philadelphia Eagles. Like many other states and cities, both Pennsylvania and Philadelphia assess a jock tax on nonresident athletes.

https://news.bloombergtax.com/tax-insights-and-commentary/taxation-is-the-name-of-the-game-for-professional-athletes

Quote:In general, people who earn a living by providing services are subject to tax in the state where they provide those services as well as in their resident state. Professional athletes, as well as the coaches, trainers, and other personnel traveling with the team, must allocate their salary to the various states where the team plays or practices.
[Image: 4CV0TeR.png]

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RE: Cincinnati Bengals receive an F- in food for its players - George Cantstandya - 07-05-2024, 07:11 PM

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