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How much tax does the American Olympians have to pay for their medals?
Wiki User
∙ 11y ago
$9700.
Wiki User
∙ 11y ago
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Do Olympians pay taxes for gold in medals?
No they don't, it is simply a reward.
Do you have to pay taxes if you win an Olympic medal?
Yes, Olympians must pay taxes on their medals as of now. However, they also receive money for winning medals too. Currently Congress is debating whether Olympians should have to pay taxes.
Do gold medal winners pay taxes on their winning?
Unfortuneatly, the olympians from the USA do have to pay taxes on the winnings from the medals awarded.
How much do the US pay for gold medals in the US?
25000
How much would Jamaica pay Bolt for his gold medals?
lots.
Do Olympians pay the travel fees?
No
What taxes do Olympians pay for metals?
... doesn't want Olympic champions to have to pay taxes on their medals. ... to end the taxes on their honorariums and on the value of the metal in their medals." ... Comments are posted from viewers like you and do not always ...Unanswerable. (first by "you" I suspect you mean "everyone"). All taxes are paid by someone, or something (a company for example). But not everyone pays all taxes, certainly not all the time.
How much tax do Olympic winners pay on the medals gold silver and bronze?
nothing
How much did the Percy Jackson and the Olympians movie make and how much did it cost?
To make the movie it cost 56 million, and they mad enough to pay the debt.
Do Olympians families pay for travel expenses?
Yes
Do Olympians pay taxes on earnings?
No they don't earn money in the Olympics
Who pay for the olympic americans medals?
The host city is responsible for providing all the medals.
