John Tavares is fighting CRA over an $8M tax bill. 馃嚚馃嚘
Tavares received a $15.25M signing bonus when he joined the Leafs in 2018.
He says it should be taxed at 15% as an "inducement" under the Canada-US tax treaty.
CRA says it's employment income, taxable at over 50%.
The difference: $8,000,000.
The lesson is the same to everyone else:
Understand your tax situation before CRA reassesses it for you.
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