Latest / Calgary News Today | 2 Min News | The Daily News Now!
Blue Jays Stars Win Major Tax Ruling | Calgary News
Former Blue Jays stars Josh Donaldson and Russell Martin just won a major tax battle against the Canada Revenue Agency, avoiding millions in extra taxes thanks to a landmark court ruling. The Federal Court of Appeal sided with the players, confirming that their retirement contributions should be deducted after splitting income between Canada and the U.S.—not before—as the CRA had argued. This means Donaldson avoided roughly $2 million and Martin over $3.1 million in unnecessary taxes, setting a crucial precedent for international athletes playing in Canada. The decision reinforces that tax…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.