new tax rules went into effect on january 1, 2018.
new tax rules went into effect on january 1, 2018.
when does new tax rules go into effect?
january 1 , 2018
Na
Na
section::::luxury tax rules by league.:national basketball association (nba).:current tax levels.









































the resulting total is then distributed to the remaining teams that are under the tax threshold. 









































there was no luxury tax implemented in the 2004-2005 season due to insufficient basketball-related income.









































although exceeding the luxury tax threshold costs a team twice as much money, it does not seem to limit teams' willingness to spend big money on players.









































section::::luxury tax rules by league.:canadian football league.









































the canadian football league has a luxury tax. penalties for teams that breach the salary cap regulations are:









































section::::luxury tax rules by league.:other leagues.
luxury tax (sports)