Dec 22: The Board of Control for Cricket in India is planning to send their tax consultant Down Under after the Australian Taxation Office (ATO) authorities caught Team India players on the wrong foot prior to the start of four match Test-series starting from December 26.
Under the new laws of the ATO, which changed in June 2004, all sportspeople visiting Australia must pay tax on earnings or prize money won during their stay in the country.
It is also come to notice that the BCCI had received a letter related to this matter from Cricket Australia in which it was conveyed that the new tax policy required visiting players to pay tax there for the money they earn.
Thus with this newly laid taxation laws the touring cricketers would be taxed from their match-fee which could be nearly $ 1.5 million (approximately Rs 6 crore). An Indian cricketer will earn around $ 6,200 and $ 4,000 for a Test and a one-dayer.
BCCI, secretary, Niranjan Shah, said that he was aware of the prize money would be taxed while in Australia, but wasn’t sure about the taxation of players' match payments and retainers.
"We will talk to our tax people, and Cricket Australia, and find out what we need to do," Shah said.
Any team visiting Australia and earning money has to pay tax. It's not that the players would have to pay anything out from their pocket. There is also a double taxation treaty between India and Australia, which means that the players would not be taxed for the second time when they return home.
Meanwhile, Indian Cricket team manager, former Test cricketer Chetan Chauhan said in Australia that India's cricketers will adhere to Australia's tax laws while on tour this summer.
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