West Indies Players bowled by Australia taxman!

Not only the opposition has been battering the West Indies, but the tax man has hit them hard in Australia and New Zealand as well.

It is understood that on the morning of their match against South Africa last week, members of the entire squad received their pay slip in Sydney with the news that 32.5% of their earnings made from the cricket World Cup would be deducted in taxes to the Australian government.

Normally the West Indies cricketers are exempted from paying taxes but under Australian laws, they won’t get away with it and have to pay for the duration of the ICC World Cup.
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HAHAHAHAHAHA : dayum !! : Hope they dont pull a Brabits and Walk OFF the WC 

The Taxman Cometh !  cheers  :-[

                                                         

Quote:Normally the West Indies cricketers are exempted from paying taxes but under Australian laws, they won’t get away with it and have to pay for the duration of the ICC World Cup.

[i]I didn't know that WI players' earnings were tax free ...  I assume then that because WICB is registered in a tax haven that all WICB employee salaries must be tax free  :o

Anyhow they are not exclusive to this ATO law .... all the players in all the teams will be paying tax on their earnings in Australia.  The bit I find strange is the retainer contracts unless the ATO consider that that is their salary earnings while playing in the WC in Australia.  Not sure about the NZ tax laws .....
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[quote author=ketchim link=topic=96338.msg624236#msg624236 date=1425844312]
HAHAHAHAHAHA : dayum !! : Hope they dont pull a Brabits and Walk OFF the WC 

The Taxman Cometh !  cheers  :-[ [/quote]

Hahaha!!! ....no wonder they played the way they did .... pocket get hit !!!  ;D ;D

It's no big thing really ... all they have to do is file a tax return at the end of the tax year in Australia and I'm sure there are plenty of 'loop holes' such as various expenses etc. that they'll recoup all of it.........

Hey they might even get an extra tax rebate !!!  ::LOL::

I always wondered how the Aussies can be so stupid  to ever elect a dumb  ass like Tony Abbot as PM