Jannik Sinner’s remarkable 2024 has captured global attention. With a career-best year, the 23-year-old Italian achieved incredible milestones: reaching World No. 1, clinching two Grand Slam titles, and winning the ATP Finals. Alongside his on-court success, Sinner has also amassed significant financial rewards, earning approximately $17 million in prize money this season alone. However, his residency in Monte Carlo has sparked debate over tax policies, drawing attention from Italian politicians.
Monte Carlo, known as a tax haven, offers residents significant tax exemptions, making it an attractive destination for high-income earners like Sinner. Having lived there for six years, the tennis star benefits from its system, which exempts him from paying taxes in Italy. While his actions are entirely legal, they have not gone unnoticed by Italian officials.
Andrea Abodi, Italy’s Minister of Sport and Youth, addressed the topic in a recent interview with Radio1. Expressing a wish for Sinner to pay taxes in his home country, Abodi remarked, “I would like him to pay them here in Italy.” He acknowledged that Sinner’s choice is lawful, explaining that international tax laws allow individuals who spend at least ten months abroad annually to pay taxes in their primary country of residence.
Abodi’s comments reflected a broader debate about tax policies for athletes and celebrities who represent their countries internationally but reside in tax-friendly locales. He suggested that Italy might consider legislative changes to create incentives for individuals like Sinner to contribute financially within their homeland. “The point then is to understand if we, always with a law, will create the conditions to provide that he pays here what he pays there,” said Abodi.
Sinner, currently competing at the Davis Cup Finals in Malaga, has remained focused on his game amid the discussions. As he prepares to lead Italy against the Netherlands in the championship match, the 23-year-old continues to inspire pride for his sporting achievements, even as his residency choices fuel conversation about taxation and national contributions.
Jannik Sinner in 2024
WWWWWWWWWW Now ranked no.1, Sinner played his last match on the 24th of November when he overcame world no.40 Tallon Griekspoor 7-6(2) 6-2 in the Rubber 2 of the Davis Cup (draw).
This season Jannik has managed to achieve a composed 73-6 match record. Sinner has won 8 titles in 2024 at the Australian Open, Rotterdam, Miami, Halle, Cincinnati, U.S. Open, Shanghai and the Nitto ATP Finals. The Italian got to the final in Beijing.
Jannik Sinner |
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