« Indian Economy: Not that Big in the Global Stage? | Main | Mahendra Singh Dhoni about Australia vs India First Test »

Dec20
Australia vs India: To Pay or Not to Pay Tax!

No one likes to pay tax and celebrities are always unhappy with paying tax as they earn a lot and they have to pay tax a lot. Indian cricketers are also not too happy about the matter of paying tax in their Australian Tour. Australia has an interesting law- foreign sports personalities would have to pay tax on the money they earn while playing in Australia.

Of course, Indian cricketers are not too happy with this. The players might have to pay $1.5 million in tax. The Indian cricketers have agreed to pay the tax.

 

The Age wrote:

India's cricketers will adhere to Australia's tax laws while on tour this summer, team manager Chetan Chauhan says.

Chauhan confirmed superstars Sachin Tendulkar and Sourav Ganguly and their teammates would pay tax after the side was reportedly angered by a change in Australian taxation laws from the last time they toured, in 2003-04.

Under Australian Taxation Office laws changed in June 2004, all sportspeople visiting this country must pay tax on money earned or prizemoney won during their stay.  

 

Indian cricketers are among the richest cricketers in the world. So, they should not mind paying tax in Australian tour.


1 Comments/Trackbacks




» Indian Business News Round Up of 20 December 2007 from SouthAsiaBiz
Tata Motors is very closed become the new owner of Jaguar-Rover. Is it becoming to be a new year gift for Tata? Indian aviation sector is becoming very attractive for foreign companies: Boeing Signs 10-Year Deal With India Co.... [Read More]

submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« Indian Economy: Not that Big in the Global Stage? | Main | Mahendra Singh Dhoni about Australia vs India First Test »

Advertise

Related Resources

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

blogroll


My site was nominated for Best Business Blog!

business social media

Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

BIZZlogos - Add your logo - free link to your site
BIZZphotos - Add photos of your products and people
BIZZprofiles - Submit your profile and build your online visibility
BIZZspotlight - Spotlight your business with free links
BIZZvideos - Videos about businesses, products and business people.
BIZZbites - "Digg" for Business - Submit your articles and posts

Know More Media - International Business

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



IndianRaj is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:

ProductivityGoal

CallCenterScript

AdHurl

TheBizofKnowledge

LandingTheDeal

CustomersAreAlways

HealthCareVox

BrainBasedBusiness

TheInsurancePolicy

MarketingBlurb