New Balance Signs Multiyear Deal With Lindor Crew Signs Jersey-Sponsor Deal With Acura Monster Won't Change NASCAR Model Outfits NHL Signs PPG For New Leaguewide Category Four Brands Sign Up As WBC Global Sponsors Marketplace Roundup Ravens Offering $200,000 Sponsorship Package Lear Corp. Presenting Sponsor Of Detroit IndyCar Monster Focused On Younger Audience At Daytona Brands Seemingly Reluctant To Sponsor '18 World Cup
SBD/April 20, 2011/Marketing and Sponsorship
Wimbledon Boss Believes U.K.'s Endorsement Tax Could Deter Athletes
Published April 20, 2011
TAXATION WITHOUT RESIDENCY: In DC, Tom Howell Jr. reports DC Council member Jack Evans yesterday introduced a bill “to collect taxes from professional athletes who earn money in the District, but do not live in the city -- a common yet controversial practice across the country.” Evans said that DC “could gain as much as $5 million a year from the levy.” The measure will “need an assist on Capitol Hill,” however, because the DC Home Rule Act of 1973 “prohibits the city from imposing a tax on nonresidents.” Players who live in DC “would be exempt" from the proposed tax, but the bill would extend to athletes who “play for Washington sports franchises but live outside the city’s limits," such as Capitals LW Alex Ovechkin (WASHINGTON TIMES, 4/20).