Stories that are tagged 'sportsmen'

	UK Gives Commonwealth Games Athletes Tax Boost 1/30/2012 Athletes resident outside of the UK who compete at the 2014 Commonwealth Games will be exempt from income tax, the government has announced.
	Austria Focuses On Eradicating Tax Loopholes 1/23/2012 Echoing views expressed in parliament recently by Austria’s Finance Minister Maria Fekter, legal tax expert Werner Doralt has given his full support to any plans to close existing loopholes in the country’s tax system to consolidate the budget.
	Make Golf Tax-Deductible, Canadian Campaigners Say 1/5/2012 The Canadian golf industry is unfairly treated by the country's tax law, a group of campaigners has said, calling for game expenses to be deductible if business-related.
	Italian Tax Man Renews Agreement With Soccer Clubs 12/14/2011 The Italian Revenue Agency has signed a protocol with the Italian national football federation which will renew, until February 28, 2013, regulation and control over the tax affairs and fiscal compliance of the clubs within the football federation’s ambit.
	France Eyes Soccer Transfer Tax 10/24/2011 French Budget Minister Valérie Pécresse has recently called for a working group to be established to examine the idea of imposing a tax on transfer fees received by soccer clubs when selling players.
	Nadal Won’t Pay to Play Queen’s 10/21/2011 Former World No. 1 tennis player Rafael Nadal has announced that he will not play next year’s Queen's Club Championships due to UK tax law.
	Indian F1 Tax Exemption Contested 10/19/2011 The Indian Supreme Court is looking for an explanation from the Uttar Pradesh government for its decision to give entertainment tax exemption to the organizers of the country’s Formula 1 event taking place at the end of this month.
	UK Non-Doms Urged To Plan Their Tax Affairs 10/19/2011 Non-domiciled individuals should seek advice on the UK tax system, as tax planning opportunities may remain available to them, a leading firm of chartered accountants has said.
	WIPO To Agree International Treaty On Audiovisual Copyright 10/5/2011 The Director General of the World Intellectual Property Organization, Francis Gurry, has welcomed a decision by its General Assembly to convene a diplomatic conference in 2012 to agree an international treaty on audiovisual performance rights.
	South Africa Provides Ruling On Taxes Within DTAs 9/20/2011 The Legal and Policy Division of the South African Revenue Service has issued a Binding General Ruling that identifies the taxes which constitute taxes on income, or substantially similar taxes, for the purposes of South Africa’s double tax agreements.
	Tax Man Puts Dampener On Inaugural Indian GP 9/12/2011 The Indian Tax Office is putting a dampener on the last minute preparations for the inaugural Indian Grand Prix due to be held on October 30.
	Switzerland To Reform Lump Sum Taxation 7/7/2011 Switzerland’s Federal Council has announced plans to reform the lump sum taxation of wealthy foreigners in the Confederation, in a bid to strengthen fiscal equity as well as to improve acceptance of the system, while at the same time endeavouring to preserve the attractiveness of Switzerland as a location.
	Jersey Lures Wealthy Residents With Tax Change 6/13/2011 Jersey's Treasury Minister Phillip Ozouf has announced proposed changes to tax legislation to encourage new High-Net-Worth Individuals to the island.
	Guernsey Seeks To Attract Londoners 5/27/2011 A team from Guernsey will host a forum in June to showcase Guernsey as a domicile of choice for London entities, focusing in particular on the benefits of relocation to the island.
	HMRC Faces Football Creditors' Rule Challenge 1/27/2011 The UK tax man, HM Revenue and Customs faces a challenge from the Premier League over changes to the controversial ‘football creditors’ rule,’ which classifies the tax authority as an unsecured creditor of football clubs that go into administration.
	Foreigners Flee Zurich In Tax Perk Protest 1/13/2011 The abolition of the highly attractive flat rate tax privilege accorded to wealthy foreigners in the Swiss canton of Zurich resulted last year in an exodus of the rich and famous. Many have simply relocated to the neighbouring Swiss canton of Schwyz.
	Indian Tax Office Targeting Sportsmen 12/31/2010 Indian cricketer Harbhajan Singh has been targeted by the tax man for not paying service tax on income earned playing for the Mumbai Indians as the tax authorities widen their investigations into the earnings of prominent sportsmen.
	FBR To Investigate Pakistani Cricket 9/9/2010 Pakistan’s Federal Bureau of Revenue has been asked by the government to launch a wide tax investigation into the game of cricket, and its players, in the country.
	Netherlands, Japan Sign Tax Treaty 8/31/2010 On August 25, 2010, a new tax treaty between the Netherlands and Japan was signed in Tokyo.
	Portsmouth Lives To Fight Another Day 8/11/2010 The future of embattled UK soccer team, Portsmouth FC looks more secure following a High Court judgment against the UK tax authority, HM Revenue and Customs in a case initiated to secure a more favourable portion of taxes owed in a Company Voluntary Arrangement agreed between the club and its debtors.
	Bolt Running Scared Of UK Taxman 7/15/2010 World and Olympic sprint champion Usain Bolt may pull out of a major sprint meeting in London next month because of Britain’s severe tax rules for foreign sportsmen and women.
	Danish Court Rejects Golfer's Monaco Residency 5/21/2010 The Copenhagen City Court has ruled against professional golfer Søren Hansen in a ruling that negated his argument that he has been tax resident in Monaco since 1999, finding that he owned assets, and maintained physical presence, in the country.
	OECD Consults On Sportertainers Tax Treatment 4/26/2010 The Organisation for Economic Co-operation and Development Committee on Fiscal Affairs is consulting on draft changes to the Commentary on Article 17 of the OECD Model Tax Convention, which deals with cross-border income derived from the activities of entertainers and sportsmen.
	UK Announces VAT Changes 3/31/2010 The UK tax authority, HM Revenue and Customs, has announced changes to the VAT exemption for sports-related services, to be introduced from September 1, 2010.

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