Latest news with #Tavares'
Edinburgh Reporter
2 days ago
- Sport
- Edinburgh Reporter
Portuguese winger Jair Tavares leaves Hibs with everyone's best wishes
Jair Tavares has left Hibs by mutual consent. The 24-year-old has agreed a deal with the Club and departs with the very best wishes of everyone at Easter Road. The Portuguese winger joined Hibs in the summer of 2022 and went on to make 41 appearances in all competitions, scoring two goals. The majority of Tavares' appearances came during the 2023/24 campaign, with him spending last season on loan at fellow William Hill Premiership side Motherwell. On his departure, Hibs Head Coach David Gray said: 'Jair hasn't had as much game-time as he'd have liked over the last few seasons, so it makes sense for both parties to come to this agreement. 'At 24, he still has the opportunity to develop, and we wish him nothing but the best with the next steps in his career.' Like this: Like Related
Yahoo
16-06-2025
- Business
- Yahoo
A win for Leafs' John Tavares in face-off with Canadian tax court: Report
As John Tavares contemplates how much of a hometown discount is appropriate for the Maple Leafs in his next contract, he might have preserved some extra millions through the courts. The Hockey News reports his lengthy tax appeal fight with the Canada Revenue Agency has been adjourned and quite likely to remain dormant in his favour. In dispute is a $15.25-million US signing bonus as part of his massive, seven-year, $77-million free-agent deal with Toronto back in 2018 that has just expired. The CRA contended the bonus should be treated as salary and taxed at 50%, close to $8 million Canadian. Tavares' representatives counter that it qualifies for a preferential 15% rate under the Canada-U.S. Tax Treaty, a deal covering income earned by non-residents providing services in Canada. Such cases, when adjourned, usually are not pursued by the government. Postmedia's request for comment from Tavares' agent, Pat Brisson, was not immediately returned. Last week, THN reported the tax court ordered the CRA to disclose key internal records and notes related to its reassessment after initially denying to answer questions from the appellant about how the findings in his audit and comparables were used. The CRA had cited privacy concerns about releasing the data. The case is closely being watched by Canada's pro sports teams hoping to lure more stars north to the seven NHL franchises, as well as the Toronto Blue Jays and Raptors. The CRA has been unsuccessful in similar proceedings against the contracts of one-time Jays Josh Donaldson and Russell Martin, but is appealing. Tavares, who wants to stay a Leaf and was nearly at point-a-game production this past season at age 34, is expected to get somewhere between $4 million and $5 million per year on his next contract. lhornby@ X: @sunhornby
Toronto Sun
16-06-2025
- Sport
- Toronto Sun
A win for Leafs' John Tavares in face-off with Canadian tax court: Report
Toronto Maple Leafs' John Tavares (91) celebrates scoring against the Ottawa Senators. The Canadian Press As John Tavares contemplates how much of a hometown discount is appropriate for the Maple Leafs in his next contract, he might have preserved some extra millions through the courts. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account The Hockey News reports his lengthy tax appeal fight with the Canada Revenue Agency has been adjourned and quite likely to remain dormant in his favour. In dispute is a $15.25-million US signing bonus as part of his massive, seven-year, $77-million free-agent deal with Toronto back in 2018 that has just expired. The CRA contended the bonus should be treated as salary and taxed at 50%, close to $8 million Canadian. Tavares' representatives counter that it qualifies for a preferential 15% rate under the Canada-U.S. Tax Treaty, a deal covering income earned by non-residents providing services in Canada. Such cases, when adjourned, usually are not pursued by the government. Postmedia's request for comment from Tavares' agent, Pat Brisson, was not immediately returned. This advertisement has not loaded yet, but your article continues below. Last week, THN reported the tax court ordered the CRA to disclose key internal records and notes related to its reassessment after initially denying to answer questions from the appellant about how the findings in his audit and comparables were used. The CRA had cited privacy concerns about releasing the data. The case is closely being watched by Canada's pro sports teams hoping to lure more stars north to the seven NHL franchises, as well as the Toronto Blue Jays and Raptors. The CRA has been unsuccessful in similar proceedings against the contracts of one-time Jays Josh Donaldson and Russell Martin, but is appealing. Tavares, who wants to stay a Leaf and was nearly at point-a-game production this past season at age 34, is expected to get somewhere between $4 million and $5 million per year on his next contract. lhornby@ X: @sunhornby Sunshine Girls World Sunshine Girls Toronto & GTA Canada
Edmonton Journal
16-06-2025
- Business
- Edmonton Journal
A win for Leafs' John Tavares in face-off with Canadian tax court: Report
Article content The CRA contended the bonus should be treated as salary and taxed at 50%, close to $8 million Canadian. Tavares' representatives counter that it qualifies for a preferential 15% rate under the Canada-U.S. Tax Treaty, a deal covering income earned by non-residents providing services in Canada. Such cases, when adjourned, usually are not pursued by the government. Postmedia's request for comment from Tavares' agent, Pat Brisson, was not immediately returned. Last week, THN reported the tax court ordered the CRA to disclose key internal records and notes related to its reassessment after initially denying to answer questions from the appellant about how the findings in his audit and comparables were used. The CRA had cited privacy concerns about releasing the data. The case is closely being watched by Canada's pro sports teams hoping to lure more stars north to the seven NHL franchises, as well as the Toronto Blue Jays and Raptors. The CRA has been unsuccessful in similar proceedings against the contracts of one-time Jays Josh Donaldson and Russell Martin, but is appealing. Tavares, who wants to stay a Leaf and was nearly at point-a-game production this past season at age 34, is expected to get somewhere between $4 million and $5 million per year on his next contract.
Yahoo
13-05-2025
- Sport
- Yahoo
Arsenal clearout – Five Gunners stars on the chopping block
Arsenal have reportedly agreed to let Nuno Tavares join Lazio permanently at the end of his season-long loan in Rome. Per the Evening Standard, the Serie A giants will pour around £5.9-6.7million to activate the buyout clause in the loan agreement. Tavares joined Lazio last summer and has since become one of the most highly rated wing-backs in Italian football. Only Christian Pulisic and Romelu Lukaku have bettered Tavares' tally of eight assists in Serie A this term, hence Lazio's decision to make his transfer permanent. Whether the 25-year-old would stay at Stadio Olimpico remains questionable, considering Marco Baroni's charges are contemplating an immediate sale to make instant profit. Meanwhile, Arsenal will reap further benefits from Tavares' potential exit after including a sell-on clause, which would entitle them to around 25 per cent from any future sale. In addition to Tavares, the Gunners could offload five more players in the coming months to top up their transfer budget. Let's see who could leave the Emirates Stadium this summer. Courted by Borussia Dortmund in January, Oleksandr Zinchenko could be among the first first-team stars to follow in Tavares' footsteps. His contract in North London runs out next summer, with Arsenal reluctant to offer him fresh terms after he failed to impress Arteta. The 28-year-old has only made 14 Premier League appearances this season. Low in the pecking order, Zinchenko may favour a summer exit to secure regular first-team football elsewhere. Arsenal paid Manchester City around £32m to sign the Ukrainian star in 2022, but they can hardly expect to recoup their investment. When Kieran Tierney joined Arsenal in 2019, everyone thought he would be Ashley Cole's long-lost successor. However, recurring injury problems have derailed his career at the Emirates, making him a bit-part player in Arteta's system. Tierney even spent last season on loan at Real Sociedad as a last-ditch attempt to get his faltering career back on track. After a miserable stint in San Sebastian, he couldn't land a new deal in London and will leave Arsenal as a flop this summer. His former club, Celtic, will land him on a Bosman deal. Another player with an expiring contract, Jorginho is on the verge of waving goodbye to the Emirates. Though Arteta forced the Italian midfielder's stay last summer despite Napoli's interest, the veteran has failed to repay that trust throughout the campaign. Jorginho has been a marginal figure this season, making just nine Premier League starts without any goal contribution. As such, his time in London is nearing its end, with Brazilian powerhouse Flamengo bidding to take the 33-year-old across the Atlantic. Unlike all the abovementioned stars, Leandro Trossard has been among Arteta's most trusted allies during Arsenal's injury-riddled campaign. The Belgian forward has featured in 36 league matches this term, tallying eight goals and seven assists. Despite his decent exploits, Trossard could soon cut short his life in the Premier League to embrace the riches of Saudi Arabia. Several Saudi Pro League clubs were hot on the 30-year-old's trail last summer, yet Arsenal refused to negotiate his departure. Things could change this year as Arteta aims to overhaul his squad after falling short of Premier League glory for a third season running. Thomas Partey's future has been a subject of intense discussions all season. While Arteta reiterated his desire to continue with the ex-Atletico Madrid midfielder several times, the parties are still at loggerheads over a new deal. Partey's contract is due to expire in June, and it feels like he's closer to leaving Arsenal than pledging his loyalty to the club. There's no shortage of interest in the Ghanaian ace, who has numerous admirers across the continent, not to mention overseas.
