2022-2023 NHL Misc. Thread
- Thread starter CanadaCanes
- Start date
No shock there. PLD continues his career long quest for a coach who will just let him do his thing.
May as well. Athanasiou has never done all that much despite his talent level, but they need guys who can convincingly man the top 6 while they rebuild through the draft.
The Canadian Revenue Authority (CRA) is challenging tax deductions for a form of pension plan for high earners called a Retirement Compensation Agreement (RCA). It looks analogous to a 401(k). Basically, that allows high earners to shield part of their taxable income while they’re in a high tax bracket and pay it out after they’ve retired and in a lower tax bracket. The top bracket in Canada is 53.53% for incomes over $221,708.
In the case of Jose Bautista, the CRA is claiming that the retirement account does not meet the definition of a RCA. In the cases of Russell Martin and Josh Donaldson, the CRA agrees with the validity of the account but how the deductions were calculated, based on how much time they spent in the US and Canada.
While these cases are for former Toronto Blue Jays, a ruling in the 3 cases could impact how Canadian teams attract non-Canadian athletes. Martin’s and Donaldson’s cases are being heard together next month. That case will have the biggest impact on non-Canadian athletes because the argument is related to the calculation of the deduction based on how much time they spent in Canada. Bautista’s case seems like bad lawyering/tax advice.
nationalpost.com
In the case of Jose Bautista, the CRA is claiming that the retirement account does not meet the definition of a RCA. In the cases of Russell Martin and Josh Donaldson, the CRA agrees with the validity of the account but how the deductions were calculated, based on how much time they spent in the US and Canada.
While these cases are for former Toronto Blue Jays, a ruling in the 3 cases could impact how Canadian teams attract non-Canadian athletes. Martin’s and Donaldson’s cases are being heard together next month. That case will have the biggest impact on non-Canadian athletes because the argument is related to the calculation of the deduction based on how much time they spent in Canada. Bautista’s case seems like bad lawyering/tax advice.
Hosing Bautista: Why the CRA is going after former Blue Jays for millions in taxes | Best of 2023
The tax agency's battle with the superstars like Jose Bautista could have a chilling effect on Canadian teams’ ability to attract top talent
nationalpost.com
NoMich
Well-known member
On Monday night when I was roaming the strip here in Vegas, wondering how I got talked into visiting this cesspool of scumbags and ding dongs, I realized that having a game end at 9:00 is brilliant for the fans. So many Golden Knights fans flooded the strip afterwards, pumped up on a big win with the night just beginning in the city.
Pucking Lamplighter
Well-known member
Better you than me, man. I probably would have puked on the pavement just for general principle...then had a word with whomever arranged such a business trip....Good thing they weren't playing the Sabres, I guess. ...The scumbag quotient would absolutely be off the charts.
Jim
Elliotte Friedman and Frank Seravalli are both reporting that the Devils and Jackets are working on a sign and trade with Damon Severson. Devils would sign him to a 8 year/$6.25 AAV deal and send him to Columbus. No word yet on what the return would be. The Devils have a boatload of cap space but only 12 players under contract, only 5 forwards.
Yeah, Serverson is just surplus to requirements with Dougie and Luke Hughes both in the lineup for next season, and way too expensive to be a third pairing puck mover. I think they might move away from Graves too. As to what they need in return for Severson, I don't think they're gonna get it from Columbus. So, probably a placeholder forward and a middling pick/prospect or something.
Better than that nonsense they've been running out there the last two seasons for sure. Maybe they'll even try playing with centers next season.
Philly is in tank mode ... not that you'd notice the difference between that and what they did last season. And again, I'll start worrying about Columbus when they go find abut three NHL centers and stop playing Erik Gudbranson 20 minutes a game. Until then ... whatever.