The Associated Press reported on the 10th (Korea Standard Time) that "California Inspector General Malia M. Cohen has asked the state legislature to change the tax law."
"If Otani does not live in California at the time of his annual salary, he will avoid 13.3% income tax and 1.1% insurance tax," Cohen said. "The current system is causing a serious imbalance in the tax structure."
Congress should take immediate action to correct this imbalance, he said.
The Associated Press explained, "With the current system, Ohtani can save $98 million (about 129.4 billion won)."
Ohtani signed a 10-year, $700 million (W924.6 billion) contract with the Dodgers last month. It was the best treatment in MLB history.
At that time, Ohtani included a condition of deferring annual salary payments in the contract to ease the burden of a competitive equilibrium tax on the Dodgers.
It was intended to receive $680 million, or 97% of the contract's annual salary, 10 years after the end of the contract.
From 2024 to 2033, it receives only $2 million a year.
Some analysts said Ohtani delayed paying his annual salary in anticipation of tax savings.
BY: 토토사이트