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How Much Does it Cost To Be a Toronto Blue Jay? Income Tax Considerations

Recently, the Miami Marlins traded Jose Reyes to the Toronto Blue Jays. The tax ramifications of the trade could be staggering. As part of our ongoing look at the effects of domicile and residence on taxation and financial planning, the tax professionals of EisnerAmper LLP wrote an article on the affect of the trade on the tax treatment of Mr. Reyes and his income. Read article: Income Tax Consideration-How Much Does It Cost be a Toronto Blue Jay.    

Timothy Speiss is the Partner-in-Charge of EisnerAmper's Personal Wealth Advisors Group and Vice President of EisnerAmper Wealth Planning LLC. He chairs our Asia Practice and is a member of the firm’s community service group, EisnerAmper Cares.

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