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Tavares’ Tax Battle Over Signing Bonus | Toronto News
John Tavares, Toronto Maple Leafs star, is locked in a high-stakes tax battle with Canada’s Revenue Agency over a $15.25 million signing bonus from 2018. Tavares argues it was an “inducement” to play in Canada and should be taxed at just 15% under a U.S.-Canada treaty, while the CRA insists it’s regular employment income subject to Canada’s top tax rate — potentially costing him over $6.8 million plus $1.2 million in interest. The case could reshape how top athletes are taxed when moving to Canada, with Tavares testifying that his decision to join the Leafs was driven by both financial…
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