Paying taxes on anything just sucks.
Talor Gooch is finding that out the hard way. The LIV Golf star earned $4 million for his win on the Saudi-backed tour a few weeks ago but only received half of it.
The reason? Australian taxes.
On a recent episode of the Fore the People podcast, Gooch—one of many players who switched from the PGA Tour to LIV—mentioned that he had only received about half of his salary. It was heavily reduced by the Australian government.
“It was a little bit disheartening seeing 47 and a half percent because Australian taxes [do] not enter the account,” Gooch said via Golf Digest.
“It comes, you know, sometimes it’s like 48 hours, but it’s usually 24 hours after the direct deposit hits. It was a big one this last week, but yeah, it sucked that 47-and-a-half percent was withheld for Australian taxes, unfortunately … I am by no means complaining, but the four [million dollars], once you cut it all up, let’s just say that it’s a lot less than four.”
Gooch received similar prize money after his win in Singapore and has since become the first player to win back-to-back LIV titles. He has already secured more victories on the LIV Golf circuit than on the PGA Tour. He’s posted two wins in the new league and claimed just one victory on the PGA Tour.
When it first launched, many thought LIV Golf would fizzle out, but that has just not been the case as of yet.
During The Masters last month, we saw that the new league has some major talent as LIV’s Phil Mickelson and Brooks Koepka shared second place. A total of 12 of the 18 LIV golfers playing at Augusta made the weekend cut.
The Masters might’ve helped LIV Golf’s cause.
Maybe one day we could see a LIV vs. PGA golf tournament. That wouldn’t happen anytime soon, but it is something to think about.WANT MORE FROM TOTALPROSPORTS? FOLLOW US ON GOOGLE NEWS.