Sunday, May 6, 2012

Tax & hockey go together...watch out!

Winger Eugeni Artukhin rejected Tampa's last offer and has signed on for more money in his native Russia. The same goes for Russian defenceman Denis Grebeshkov and Finnish winger Sean Bergenheim of the Islanders.  All three will earn more money this season playing for Lokomotiv Yaroslavl.

"In Russia the taxes are 13 per cent, so it's relatively speaking tax-free," explained [Mark] Gandler, whose firm International Sports Advisors has some 25 NHL players, half of them Russian. "They also usually have bonuses on top of everything, a free apartment, a free car, basically perks."

Plan for the Unexpected

I received a call on Sept. 13 from a person asking that I call him back quickly as his matter was urgent.  He was worried about missing the ...