5 ms·

Why can't every payment being sent to someone, simply be digitally taxed? Why do I get paid and automatically get taxed during this process, but a footballer d

• gambiting 9y ago
  Well, because a footballer is most likely getting paid under contract, but not as a salary - so it's their responsibility to pay tax on the money received. You can do the exact same thing extremely easily - just set up a company in your name(10 minutes of work here in UK) and work as a contractor - then it's your responsibility to pay income tax, it is not(and I would argue it cannot be) taken from your payments, because as a contractor you can always subtract your expenses from your income so the actual tax to pay would be difficult to calculate without knowing all details.
• B1FF_PSUVM 9y ago
  The problem there is advertising, and jurisdiction for taxing "image rights". E.g. Cristiano Ronaldo pays taxes in Spain for his salary. His income from advertisers using his mug all over the world is another story - the Spanish state wants dibs on it, his accountants say that is not "work" performed there. We still do not have a handle on the Mickey Mouse and superstar system.
  • AnAfrican 9y ago
    And at least Cristiano Ronaldo is a EU-citizen... When you're Neymar and you get paid for a toothpaste add in Japan, you get 3 countries possibly arguing about that revenue. Hence Panama, at least until you figure it out.
• anigbrowl 9y ago
  Because you can't afford lawyers to hide your money, obviously