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Questions on NIL and a POI [?] of ours
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[QUOTE="sun, post: 4225531, member: 11664"] Can you cite any reference article as proof? If not then how do you know or how did you learn about it? You're saying that most every team pays up to 30% over the value of the contract to pay the player's foreign personal income taxes? That would probably be a crime if the foreign taxes paid weren't reported as personal income to the US gov't. by each player. That would effectively increase the player's US taxes. Every US player must file the full amount of monies that they are paid for working overseas. Either the player contracts are for up to 30% more to accommodate the taxes that they must personally pay, or the players need to claim 30% more income than their contract due to the their taxes that the teams pay on their behalf (if it's even true). As Judge Judy would say, if it doesn't make sense then it's not true. I'll believe it when I see a reference. [/QUOTE]
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