Moon Sports > Football > Less than half of the 5 million dollar left, Aka US Open s bonus pays 2.5 million yuan, and you have to pay it again when you return to Spain
Less than half of the 5 million dollar left, Aka US Open s bonus pays 2.5 million yuan, and you have to pay it again when you return to Spain
September 9th news: Alcalas won a $5 million bonus with the US Open men's singles championship, but after paying the tax, Alcalas actually received less than half of the bonus.
According to Spanish media Marca, Alcalas's $5 million bonus reaches the highest income tax level of $609,351 in the United States, and requires a 37% federal tax, about $1.85 million; in addition, Alcalas also needs to pay 9.65% New York state tax, which makes Alcalas' bonus of about $2.5 million.
After Alcalas returns to his home country, he still needs to pay another tax on the bonus. However, due to the avoidance of a double taxation agreement, the Spanish tax department will only tax the remaining bonuses Alcalas after deducting local taxes in the United States.
source:vn 7m sportRelated Posts
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