Usain Bolt among top stars given tax exemption


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Usain Bolt among top stars given tax exemption

Postby jamboy » Fri Feb 08, 2013 5:55 pm

Step in the right direction

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http://www.guardian.co.uk/sport/2013/fe ... NETTXT3487


Uain Bolt and other overseas athletes will be able to compete tax-free in this year's London Diamond League event at the Olympic Stadium after the chancellor agreed to a "one-off" exemption.
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Re: Usain Bolt among top stars given tax exemption

Postby fourjz » Fri Feb 08, 2013 6:11 pm

Thank God for Capitalism,and financial freedom. :mrgreen:
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Re: Usain Bolt among top stars given tax exemption

Postby 18.99s » Fri Feb 08, 2013 6:26 pm

Entirely free of UK taxation? Or only exempt from the stupid worldwide taxation rule?
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Re: Usain Bolt among top stars given tax exemption

Postby ATK » Sat Feb 09, 2013 7:05 am

so I assume this would mean Bolt is confirmed for the London DL?
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Re: Usain Bolt among top stars given tax exemption

Postby eldanielfire » Sat Feb 09, 2013 7:12 am

ATK wrote:so I assume this would mean Bolt is confirmed for the London DL?



His manager said he would have to talk to him and Glen Mills. It's 2 weeks before Moscow so it has to fit into a crucial part of his preparations. However could he resist one of the biggets crowds he'll veer get in teh Diamond League in a city that is virtually like a hometown race to him?
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Re: Usain Bolt among top stars given tax exemption

Postby jamboy » Sat Feb 09, 2013 7:15 am

eldanielfire wrote:
ATK wrote:so I assume this would mean Bolt is confirmed for the London DL?



His manager said he would have to talk to him and Glen Mills. It's 2 weeks before Moscow so it has to fit into a crucial part of his preparations. However could he resist one of the biggets crowds he'll veer get in teh Diamond League in a city that is virtually like a hometown race to him?


They would at least have to be paying him his normally appearance fee of US$250,000 plus more for him to show up.
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Re: Usain Bolt among top stars given tax exemption

Postby ATK » Sat Feb 09, 2013 8:38 am

eldanielfire wrote: in a city that is virtually like a hometown race to him?

Besides the Olympics, he hasn't run there in 4 years
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Re: Usain Bolt among top stars given tax exemption

Postby eldanielfire » Sat Feb 09, 2013 11:55 am

jamboy wrote:
eldanielfire wrote:
ATK wrote:so I assume this would mean Bolt is confirmed for the London DL?



His manager said he would have to talk to him and Glen Mills. It's 2 weeks before Moscow so it has to fit into a crucial part of his preparations. However could he resist one of the biggets crowds he'll veer get in teh Diamond League in a city that is virtually like a hometown race to him?


They would at least have to be paying him his normally appearance fee of US$250,000 plus more for him to show up.


I'm sure they expected that. However I'm sure it will be easily covered by the 60,000+ extra people watching the meet paying around $30 each.

ATK wrote:
eldanielfire wrote: in a city that is virtually like a hometown race to him?

Besides the Olympics, he hasn't run there in 4 years


I know, his agent wouldn't let him because the UK tax would take some of his global earnings so in even being paid his $250,000+ he would actually pay out much more than that to take part. But London has a massive Jamaican community and culturally has always been sympathetic and embracing of Jamaican's long before Bolt.
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Re: Usain Bolt among top stars given tax exemption

Postby ZELLGADISS » Sat Feb 09, 2013 12:37 pm

Only 2 weeks before WC is bad date for go there :(
It would be great if was 1 month before...

Bolt always gets top shape in big events,so is very hard for him go there in that date :roll:

And the track is wonderful, really fast, we saw recently :|
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