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Mmastodon SportMotorsport first seen 1 d ago, last 1 d ago, peak #10

Millions more: why racing stars based in Monaco keep far more of their pay

Original: Miljoonien eurojen ero – näin paljon enemmän Monacossa asuvalle supertähdelle jää käteen Suomeen verrattuna https:// yle

Finnish motorsport star Jari-Matti Latvala's decision to live in Monaco means he takes home millions of euros more than he would if he lived in Finland, according to Yle. The comparison highlights Finland's steep taxation of high sports incomes against Monaco's lack of personal income tax, a gap that has long drawn Finnish racing drivers abroad.

Why now: Fresh reporting quantifies just how large the tax difference is for Finnish motorsport stars living in Monaco

Jari-Matti LatvalaMonacoFinlandYleFormula 1

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