Text Edition
Top Stories

Players denied Twenty20 tax waiver

Players in next year's World Twenty20 championship will be taxed on money earned during the tournament after the International Cricket Council failed to gain an exemption from the British government.

Tournament director Steve Elworthy said the ICC were unable to get a waiver from the law, which requires foreign athletes to pay tax on bonuses and endorsements earned at events in Britain.

The British Treasury department last month relaxed the rules for foreign football teams after Uefa removed the 2010 Champions League final from Wembley due to the tax liabilities.

The ICC have been forced to make contingency plans after being denied a similar exemption for next June's tournament.

"We've certainly made a lot of inroads. We've had really good discussions with the government about it," Elworthy said. "There are a number of guarantees we have to deliver as part of the host agreement we have. The taxing of the players is built into the budgets, so we've certainly made allowances for it."

Canada has been earmarked as a potential back-up venue if England cannot host the event.

source -
Text Edition Home
Cricket | Champions League Cricket | IPL | ICL | Twenty20 World Cup