Going, Going…Gone: Will Medicare Tax Liability Strike Out Shohei Ohtani’s Annual Salary?
Withum
FEBRUARY 29, 2024
During contract negotiations both parties work together to achieve an optimal situation for each other. While, baseball does not have a salary cap, this payment would have counted towards 30% of Major League Baseball’s (“MLB”) Competitive Balance Tax (CBT) threshold. Let’s start with his federal payroll tax liability.
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