The Spanish Carlos Alcaraz, number one in the ATP ranking, Yesterday he unleashed madness upon his arrival in South Korea, where he will face the Italian Jannik Sinner, two in the world, tomorrow in an exhibition match at the Inspire Arena in Incheon.
Alcaraz arrived in South Korea after several weeks of preparation at the Real Sociedad Club de Campo de Murcia and the commotion caused by the breakup with his coach, Juan Carlos Ferrero, who is no longer with him this new season.
This exhibition match against Sinner is the only one scheduled before the Australian Open, the only Grand Slam that does not yet appear in his record.
Sinner and Alcaraz They have faced each other sixteen times in their careers on the ATP circuit with a favorable balance for the Spaniard with ten victories, of which five are in finals out of a total of eight.
An impressive loot
A meeting that will also bring a significant financial sum to its protagonists. So much Carlos and Jannik will receive an incredible financial compensation, specifically a figure close to 2 million euros per player, as detailed La Gazzetta dello Sport.
An impressive figure If we compare it with the prizes of the Australian Open, it is only surpassed by the final winner, who would receive a prize of 2.4 million euros.
However, this income will not be free and The Murcian must pay taxes for this, which represents a significant pinch for the public coffers.
How much does the Treasury take?
As a tax resident in Spain, Alcaraz’s income is taxed in the income tax return according to the general rates. The personal income tax is divided into a state part and a regional part that depends on each region. So the Murcian is taxed at the state level and also by the sections that are taxed in Murcia.
Alcaraz already had to pay a significant sum for winning at Wimbledon. The Murcian pocketed 3.2 million euros, of which the Treasury kept 1.5 million euros of Alcaraz’s prize, that is, 47% of the total. After winning in Rotterdam he also had to go to the cashier and pay 204,920 euros, 47% of what he earned. More of the same in Cicinatti. Of 1,023,000 euros, Alcaraz had to pay 481,000 euros in taxes, 47% of the income. And also at the US Open. For being crowned in New York, Carlitos He pocketed 4,269,016 euros, of which 2,006,437 euros went to the Treasury.
The National Personal Income Tax brackets are:
From 0 to 12,450 euros: 9.5%
From 12,450 to 20,200 euros: 12%
From 20,200 to 35,200 euros: 15%
From 35,200 to 60,000 euros: 18.5%
From 60,000 to 300,000 euros: 22.5%
More than 300,000 euros: 24.5%
The sections that apply in Murcia are:
From 0 to 12,450 euros: 9.5%
From 12,450 to 20,200 euros: 11.2%
From 20,200 to 34,000 euros: 13.3%
From 34,000 to 60,000 euros: 17.9%
More than 60,000 euros: 22.5%
Therefore, of the two million euros earned in South Korea, Alcaraz must pay to the Treasury 940,000 euros, 47% of those received.
This not only happens in tennis but also in other sports. For example The Spanish team players pocketed a bonus of 434,615 euros after becoming champions of the Euro Cup, of which 204,269.05 euros went directly to the Treasury.