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Thursday, September 9, 2010

British Tax Man About to Yell Fore at Tiger Woods?

Seems that the participation of Tiger Woods at the Ryder Cup In Britain October 1-3 is presenting a major tax problem to him and other U.S team golfers -- and not in terms of being taxed by the U.K. on that event's prize money (there isn't any). The Brits want to tax a portion of Tiger's approximate $50 million a year endorsement income since he has now made the U.S. team. Read more about here.