Politics and Government Politics and Government
Wed, December 11, 2024

Former Blue Jays win multi-million-dollar tax battle against Canadian government


Published on 2024-12-11 17:40:38 - National Post
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  • OTTAWA
  • Former Toronto Blue Jays all-stars Josh Donaldson and Russell Martin scored a major win against the Canada Revenue Agency (CRA) as a Tax Court judge cried foul over the agency's attempt to tax millions of dollars in additional income.

The article from the National Post discusses how former Toronto Blue Jays players, including Jose Bautista, Edwin Encarnacion, and others, have won a significant tax battle against the Canadian government. The dispute centered around the taxation of their signing bonuses, which the players argued should not be subject to Canadian taxes since they were paid for services performed outside of Canada. The Tax Court of Canada ruled in favor of the players, stating that the bonuses were not taxable in Canada because they were not linked to specific games or services rendered in Canada. This decision could set a precedent for how signing bonuses are treated for tax purposes for athletes and potentially other professionals working internationally. The ruling implies that the Canada Revenue Agency (CRA) might need to adjust its approach to taxing income earned by non-residents for work not directly tied to Canadian activities.

Read the Full National Post Article at:
[ https://nationalpost.com/news/politics/former-blue-jays-win-multi-million-dollar-tax-battle-against-canadian-government ]
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