What is the Jock Tax? | Cork'd Up Ep. 17

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United States Momentum
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Published on ● Video Link: https://www.youtube.com/watch?v=BtvLxrFxhYI


Duration: 31:09
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93

Taxes are confusing for everyone, but ESPECIALLY for athletes. Agent Rachel Luba explains what the jock tax is and how it gets even more complicated and expensive across borders. Rachel explains a lawsuit against the jock tax and how athletes may receive a refund. Plus, they discuss how agents and players can be creative when it comes to structuring their contracts and signing bonuses to help reduce their tax load.

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