Do you or a colleague build your wealth in the international arena? This article demonstrates the importance of working with advisors knowledgeable in the relative merits of different tax jurisdictions. While the article did not mention it, the same holds true for those who make their living (including, but not limited to, athletes) in the United States across state lines – different income and estate taxes factor in, and could make a big difference on their wallets and estates depending upon where they call home!  Contact us if you need additional guidance on these issues.

“Tax treatment is often an important consideration for soccer players and professional athletes who relocate to new jurisdictions.

Cristiano Ronaldo dos Santos Aveiro or CR7, has acquired legendary status in soccer’s Hall of Fame, having won 26 trophies in his career, including five league titles in Spain and the United Kingdom, five UEFA Champions League titles and a UEFA European Championship with his national team, Portugal. His soccer career began at Sporting CP in Portugal, he then moved to Manchester United in the U.K. for six seasons, Real Madrid in Spain for nine seasons, and he has recently joined Juventus F.C., one of Italy’s leading soccer clubs and winner of the past seven Italian soccer leagues.”

Read More: Taxes Through the Lens of Cristiano Ronaldo

Cindy Fields

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