ICC OUTSIDE INDIA TO AVOID TAX?

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dsingh.aakash
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ICC OUTSIDE INDIA TO AVOID TAX?

Post by dsingh.aakash » Sat Mar 17, 2018 11:32 am

The ICC Champions Trophy, scheduled to be held in 2021, may be held outside India, to save taxes it is now subjected to.

After a meeting held in Dubai in on 10 Feb, the ICC board said "The Board agreed that ICC management, will continue the dialogue with the Indian government but in the meantime, directed ICC management to explore alternative host countries in a similar time zone for the ICC Champions Trophy 2021."

The decision is in view of the 2016 World T20 held in India failed to get a tax exemption from the government.

Observers see the move as an attempt to pressurise the Indian government for a tax exemption, and the BCCI may distance itself from such a move in future.

A Supreme Court judgement that is pending could give the government-controlled BCCI, complete authority over the ICC & other cricket boards.
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