Coaching staff announced.

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Murdoch
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Posts: 135
Joined: Fri Jan 17, 2020 2:04 pm

Hambone wrote:
Tue Mar 03, 2020 8:57 am
Whichever way the bonus is taxed at the time it still all comes out in the wash at the end of the year. When tax time comes around the bonus is just part of the player's overall gross taxable income and in your example the 15% would be part of his income taxes paid. When the dust settles and all the calculations are done he will be taxed at whatever rate his net taxable income calls for.
Good explanation and thank you for the comment. Some of it would come down to where the taxes are being filed.

Still think there is something about owning a residence in the home land for foreign workers that caps tax on that portion of income. Not even sure if they have to declare the money earned outside the country. No doubt every trick in the book has been tried.

Justin Medlock is one who is up on the rules and is a very shrewd negotiator. Seems to always wrap up a new deal right after the season has ended. Likely using leftover cap money from the just finished season. Might make a good gm some day if only he had a personality.


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Gridiron Ernie
Champion
Posts: 519
Joined: Sat May 14, 2016 4:36 pm
Location: within earshot of the ghosts of Empire Field

Slightly off topic, but on a related matter; No longer with our Leos of course, nor the CFL, Dan Dorazio lands at UBC. The T-Birds will benefit says Angus Reid. It will be interesting to see how their O-line responds over the course of the new season. I wish them well. I'd like to see them thrive. https://3downnation.com/2020/03/06/long ... ds-at-ubc/


TheLionKing
Hall of Famer
Posts: 24022
Joined: Sat Feb 19, 2005 10:13 pm
Location: Vancouver

Good article on Offensive Coordinator Jordon Maksymic

https://www.cfl.ca/2020/03/20/lions-mak ... nd-oc-job/


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