Winning the Olympics Can Be Taxing

WINNING THE OLYMPICS CAN BE TAXING 205 COUNTRIES SENT ATHLETES TO COMPETE IN THE LONDON GAMES AND DEPENDING ON WHAT COUNTRY IS SPONSORING YOU, A GOLD MEDAL COULD MEAN A LOT MORE THAN OLYMPIC PRIDE. SOME OF THE MOST AMT AWARDED FOR GOLD MEDAL POTENTIAL TAXES OWED COMPETTIVE COUNTRIES REWARD PODIUM VISIS WITH THOUSANDS OF AMIS ARE IN THOUSANDS OF DOLLARS, BUT THAT COMES WITH SIGNIFICANT TAX BURDEN. U.S. DOLLARS 200 BELOW SEE A SAMPLING OF GOLD MEDAL INCENTIVES AND THE TAXES 182 THOSE WINNERS COULD OWE. WON 150 150 135 WON 100 100 79 WON 78 TAXED 65 SO WON SO 35 26 TAXED 36 TAXED 18 TAXED WON 18 TAXED 20 20 WON WON 20 WON WON ITA RUS CHN FRA JPN USA CAN GER Aus O Copyright 2012, Convey Compliance Systems, Inc. All rights reserved. Convey.