Featured Image Credit: Getty
Topics: Jannik Sinner, Tennis
Marcus Chan
Jannik Sinner is reportedly set to lose some of his prize money after winning the Paris Masters.
At the start of last week, there was an almighty shock inside the La Defense Arena in Paris, France, as Carlos Alcaraz fell to a defeat against Great Britain's Cameron Norrie.
As a result, Sinner, 24, became the firm favourite to win the latest Masters 1000 title.
The Italian went on to win the title without dropping a set, dispatching the likes of Zizou Bergs, Francisco Cerundolo, Ben Shelton and Alexander Zverev to set up a final against Canadian star Felix Auger-Aliassime.
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In the final, Sinner was again a class above as he sealed a 6-4, 7-6 (7-4) victory.
Following his win in Paris, Sinner regained the world number one spot from Alcaraz, ahead of the ATP Tour Finals, which will take place in Turin, Italy, from November 9.
Sinner is now unbeaten in 26 matches on indoor hard courts, a run that stretches back to the Davis Cup Finals in 2023.
As a result of winning the Paris Masters, Sinner earned a prize money totalling €946,610; however, it has been reported that he will lose parts of that sum due to tax.
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According to Essentially Sports, Italy would generally tax his worldwide performance income at progressive rates ranging from 23% to 43%.
The report stated: "If Sinner’s total annual income is over €50,000, the top marginal rate of 43% applies."
In addition, the report also stated that France could 'first levy a withholding tax on the prize money', believed to be around 15%.
Speaking after the final, Sinner said: "From my side I am extremely happy. The past couple of months has been amazing, we have tried to work on things, improve as a player and seeing these kinds of results makes me incredibly happy.
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"Another title, it's been an amazing year, no matter what comes in Turin."