With all the tension of the world cup this weekend – a little tax humor might help.
Since I know nothing about soccer but a lot about taxes, I thought it’d be interesting to see what relationship that each country’s tax rate would have to their advancement toward the finals.
I’m happy to report that none of the countries with the highest rates (above the 50th percentile) are playing for the championship. In fact, since my soccer knowledge is limited I simply placed bets against the countries with the highest tax rates and have done pretty well.
In case you want to apply this strategy to other international sports betting, here are the rates for each country.
David Conley
David is a partner at Smith, Conley & Associates, PC. In addition to writing and tax consulting, he is active in the pro-life community serving as President of the Fayette County Right to Life chapter of Georgia Right to Life.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
He is also a founding Board Member and Finance Director of the Fayette Pregnancy Resource Center and serves on the Board of the National Equal Rights Institute.
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