Ravens and 49ers to pay “jock tax”

Last night’s Super Bowl nail-biter was a cash cow for players, TV networks, advertisers — and Louisiana’s tax man.

Forbes.com explains almost all states have a “jock tax” requiring professional athletes to hand over a piece of their lucrative earnings to the states they play in.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.