Re: Are prize money subject to tax?
Here's a non-tax related question. If prize money is to increase 10% and the marketing budget has been drastically increased to $5 million or whatever the figure was, how much exactly will be passed on to us ticket buyers? Obviously the ATP is squeezing more out of sponsors and whatnot, but they're not going to absorb it all. I just checked out prices for Indian Wells and prices for similar seats to what I had last year (after surcharges and all) were around $3 higher. Last year I think I paid $69.50 per ticket and this year would be $72.
Thank you Stanimal for taking out the trash at AO!