SJR 14 calls on Congress to close the tax loophole that allowed LA Dodgers player Shohei Ohtani to avoid paying approximately $90 million in state taxes.
SACRAMENTO, CA–Today the Senate Committee on Revenue and Taxation approved SJR 14, authored by state Senator Josh Becker (D-Menlo Park), which calls on Congress to close a loophole that allows Los Angeles Dodgers player Shohei Ohtani to potentially evade a $90 million in state taxes on his $700 million dollar contract by deferring his compensation.