OTTAWA — On Feb. 4, 2022, former Toronto Raptors star guard Norman Powell received two pieces of news that would have a major impact on his life.
The first was from his agent telling him that he was part of a blockbuster trade that sent him from the Portland Trail Blazers to the Los Angeles Clippers.
The second was from the Canada Revenue Agency (CRA) claiming over $1.2 million in additional income tax on “inducements” paid by the Raptors in 2019 and 2020 to attract the star two-way guard to the surging Toronto team.
Powell, who was part of the Raptors’ 2019 championship team, is now appealing the CRA’s decision in the Tax Court of Canada.
Powell’s faceoff with the tax agency is over the same issue as ex-Toronto Maple Leafs Patrick Marleau and John Tavares , namely that his nearly $7