Taxation of Entertainers, Athletes, and Artists - Lionel S Sobel cover
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Taxation of Entertainers, Athletes, and Artists - Lionel S Sobel

ISBN
9781627229807
Publisher
American Bar Association
Condition
$96.99 one-time purchase · 15% restocking fee on returns

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Taxation of Entertainers, Athletes, and Artists Lionel S Sobel ISBN 9781627229807

As author Lionel S. Sobel observes, most U.S. citizens prefer their taxes to be “as low as possible.” However, entertainers, athletes, and artists are not “most people.” Their often substantial earnings and the sophisticated tax planning strategies available to them require specialized understanding and careful handling. These considerations are particularly important when employing aggressive tax planning methods, which could attract negative attention from fans, the general public, or the media. Complicating matters further, the law imposes tax-sensitive distinctions that significantly impact these professionals, including rules on residency, the Alternative Minimum Tax, and various international tax treaties.

In Taxation of Entertainers, Athletes, and Artists, Sobel explores the complex issues surrounding the income taxation of these high-earning professionals. The first part of the book addresses U.S. domestic taxation, detailing how income earned in the United States is taxed for entertainers, athletes, and artists who are U.S. citizens or resident aliens.

The second part focuses on international taxation, examining the rules that apply when these professionals earn income outside the U.S. or are non-resident aliens earning income in the United States. The book also discusses the mechanisms by which the U.S. provides tax relief for citizens and resident aliens who pay taxes to foreign governments.

Taxation of Entertainers, Athletes, and Artists Lionel S Sobel ISBN 9781627229807, 978-1627229807 & 978-16272-29807

Author
Lionel S Sobel