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  • Usain Bolt among top stars given tax exemption

    Step in the right direction

    ================================================== ================================


    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.

  • #2
    Re: Usain Bolt among top stars given tax exemption

    Thank God for Capitalism,and financial freedom. :mrgreen:
    "Sprintin' ain't easy,baby !

    Comment


    • #3
      Re: Usain Bolt among top stars given tax exemption

      Entirely free of UK taxation? Or only exempt from the stupid worldwide taxation rule?

      Comment


      • #4
        Re: Usain Bolt among top stars given tax exemption

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

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        • #5
          Re: Usain Bolt among top stars given tax exemption

          Originally posted by ATK
          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?

          Comment


          • #6
            Re: Usain Bolt among top stars given tax exemption

            Originally posted by eldanielfire
            Originally posted by ATK
            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.

            Comment


            • #7
              Re: Usain Bolt among top stars given tax exemption

              Originally posted by eldanielfire
              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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              • #8
                Re: Usain Bolt among top stars given tax exemption

                Originally posted by jamboy
                Originally posted by eldanielfire
                Originally posted by ATK
                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.

                Originally posted by ATK
                Originally posted by eldanielfire
                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.

                Comment


                • #9
                  Re: Usain Bolt among top stars given tax exemption

                  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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