India’s cricketers angered by Aussie tax slug

India's cricketers are furious earnings on their tour of Australia will be taxed for the first time

Written by AccountancyAge.com

The Indian cricket team is furious after they learned the Australian Tax Office will collect up to $A1.5m (₤644,000) from their players’ match payments and tour fees.

India’s taxation authorities does not tax such payments because they treat the players as amateurs and tax only their sponsorship deals in India. But all entertainers and sportspeople who work in Australia have been taxed on their earnings since July 2004.

The tax slug comes six days before the start of the tour, the Boxing Day Test at the Melbourne Cricket Ground. The last time the Indian cricket team toured in the southern hemisphere was summer of 2003-04, before the rules applied.

The Indian team's media manager, MK Shridhar, told News Limited’s Sydney paper, The Daily Telegraph, the sport's Indian governing body, the Board of Control for Cricket in India (BCCI), is looking at ways to get around the tax problem.
Links

Read the story in The Daily Telegraph

Enjoyed this article? Help spread the word:

Comments

Reader comments for this story

White papers

Related jobs

Spotlight

Richard Atkinson, FD of All England Tennis Court

Profile: Richard Atkinson, FD of All England Tennis Club

As Wimbledon reaches a heady climax, the FD of All...

PwC 10-year anniversary special report

Relive how the controversial mega-merger of Price Waterhouse and Coopers...

Make partner fast with YP

The latest edition of Young Professional features our definitive guide...

Find your next job

Find your next job
Salary Checker

Newsletters

Sign up here for the very latest news delivered to your inbox. Choose from the following options:

Search white papers

Search white papers

Have your say

Has the credit crunch made you fear for your job?
Yes, my company says jobs will go
Maybe, if things get worse, I could be hit
No, business is quite stable

Job of the week

More finance jobs...

Your next job