Thursday, December 27, 2007

Cricketers to be taxed only for prize money in Australia

India's top cricketers can now heave a suspiration of alleviation with the Cricket Board
finally sorting out the taxation issue with their Australian counterparts. It have now been made clear
that North American Indian cricketers will be taxed for the award money they gain on the
ongoing circuit of Commonwealth Of Australia and not for their lucifer fees. BCCI secretary Niranjan Shah
held treatments with Cricket Commonwealth Of Australia (CA) functionaries and said that touring
cricketers would be taxed only on the award money they gain on this tour. "It's not their lucifer fees
which would be taxed in Commonwealth Of Australia on this tour. It's their award money which
would be taxed. It's the law of the land," Shah said today. Shah also made it clear that
the Board would not be terms the measure for the cricketers taxed on their prize
money here. "We make the same
with cricketers who gain award money in India. So it wouldn't be any different
with our cricketers in Australia," he added.

No comments: