Rory McIlroy failed to add a seventh major at the PGA Championship but that wasn’t the only disappointment for the golf superstar.
Rory McIlroy stands to lose more than half of his £476,000 PGA Championship winnings due to tax rules. The reigning Masters champion finished T7 at Aronimink Golf Club alongside Cameron Smith and Xander Schauffele.
While it was a disappointing week for the Northern Irishman, he still picked up a pretty penny but will have to say goodbye to a considerable amount of it. Due to US tax regulations, McIlroy is set to hand over £240,000 with his paycheck subject to federal taxes, Pennsylvania state income tax, agent commissions, team expenses and caddie fees.
McIlroy and his family relocated from Miami to Surrey last year but that won’t stop him paying taxes on US soil. Due to the US-UK tax treaty, the United States possesses the right to fully tax income banked by UK athletes when competing stateside.
It turned out to be a disappointing weekend for McIlroy who hit the headlines after hurling expletives at a fan. When playing the par-five 16th, the 37-year-old’s third shot hit the bunker when subjected to comments from the crowd.
The 31-year-old hit a 68-foot put for birdie on 17 and McIlroy said: “Aaron is getting away from the field a little bit and looks like he’s going to win, which is great. You won’t find one person on property who’s not happy for him.” The six-time major champion has since confirmed he’s set to take a brief break from golf.
He confirmed he won’t partake in The CJ Cup Byron Nelson this weekend. McIlroy said: “Yeah, I’m going to take a couple weeks off, and then Memorial will be my next one.”
