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Questions on NIL and a POI [?] of ours
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[QUOTE="sun, post: 4223726, member: 11664"] The WNBA policy is intended to be protectionist. The WNBA has been around for 25 years and has established itself based on NBA backing. I doubt that it's going anywhere. As far as the pay disparity is concerned, folks should be informed that many Americans working overseas need to pay foreign income taxes. And who knows, maybe they also need to pay US income taxes on top of that. That would certainly be a double whammy if the needed to pay income tax of 30% to both countries. I've read some reports by players about playing WBB in Europe. Some places are better than others. It's not for everyone and it's not a panacea. Maybe it is for some players working in some countries more than others. But whatever players chose to do, it deosn't seem to be a problem for the WNBA to be concerned about. It's may be a problem for some fans, but the league is a business with a clear agreement. I don't know if the provision was negotiated or not, but the WNBA is in control of its own destiny and not beholden to European leagues and players that can't be relied on. Some MLB players play baseball in South American winter leagues and they can be cut just like anyone else, especially if they're not able to report. The pro players need to adhere to their agreements and generally everything works out fine. Read below about the income taxes on foreigners working in Russia. Does Russia tax foreign income? [B]Foreign individuals present in Russia for 183 days in a year or more are treated as residents for tax purposes and are taxed at common 13 percent rates[/B]. If they are present in Russia for less than 183 days, they are subject to 30 percent income tax (15 percent for dividends). [URL unfurl="true"]https://en.wikipedia.org/wiki/Taxation_in_Russia[/URL] [/QUOTE]
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