TaxCorporate TaxU-turn boosts 2018 World Cup hopes

U-turn boosts 2018 World Cup hopes

Treasury's u-turn on taxing foreign football players when in UK gives hope for 2018 World Cup

The Treasury’s u-turn on taxing foreign football stars’ income when playing
in the UK may pave the way for the 2018 World Cup coming to English shores.

‘Looking ahead, it’s great for the 2018 World Cup bid,’ said Wembley Stadium
MD Alex Horne. ‘Hopefully it will set a precedent. I also think that we can now
put in a bid for the 2011 Champions’ League final now this has been cleared up.’

The policymakers decided to back down on taking a cut of foreign players
income in UK-based matches because of the threat of being left on the bench when
football’s governing bodies made their choice for top level events.

Horne added: ‘It’s an entirely appropriate decision for the good of England
and the economy.’

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