I1L2T3 Posted December 28, 2012 Share Posted December 28, 2012 Stuff him. Nobody noticed he wasn't bothering to come here before the Olympics anyway. Link to comment Share on other sites More sharing options...
gym_rat Posted December 28, 2012 Share Posted December 28, 2012 . Tennis stars are the biggiest loser because of Wimbledon because of tax laws it will cost some stars to appear at Wimbledon even if they do reasonably well . can you explain that comment please note it's not compulsory for you to attend or watch these events. nor for them to compete in them Link to comment Share on other sites More sharing options...
MAC33 Posted December 28, 2012 Share Posted December 28, 2012 Tennis stars are the biggiest loser because of Wimbledon because of tax laws it will cost some stars to appear at Wimbledon even if they do reasonably well Can't be,impossible! Link to comment Share on other sites More sharing options...
Bypassblade Posted December 28, 2012 Share Posted December 28, 2012 Originally Posted by smiggs View Post Tennis stars are the biggiest loser because of Wimbledon because of tax laws it will cost some stars to appear at Wimbledon even if they do reasonably well I'm a bit confused, as I thought anyone that was anyone, bust a gut to go there, and I don't watch it. Link to comment Share on other sites More sharing options...
iansheff Posted December 28, 2012 Share Posted December 28, 2012 Sportsmen get paid way too much I read yesterday about Ronaldo and that they are raising the income tax in Spain to 52%, to keep him on his current salary they would have to double his money. Link to comment Share on other sites More sharing options...
gnvqsos Posted December 28, 2012 Share Posted December 28, 2012 Sportsmen get paid way too much I read yesterday about Ronaldo and that they are raising the income tax in Spain to 52%, to keep him on his current salary they would have to double his money. Ronaldo is Portugese,and pays tax to Lisbon,not Madrid. Link to comment Share on other sites More sharing options...
Guest sibon Posted December 28, 2012 Share Posted December 28, 2012 Ronaldo is Portugese,and pays tax to Lisbon,not Madrid. Actually, he pays a licence fee to Bob Ronaldo of Luxembourg for his name. As a result, he pays no tax in Spain or Portugal. Link to comment Share on other sites More sharing options...
Marx Posted December 28, 2012 Share Posted December 28, 2012 Sportspeople have to pay taxes on their winnings? Can't they set-up an offshore company that charges them to use their 'brand' and offset it against paying any tax? It works for Starbucks. Link to comment Share on other sites More sharing options...
gnvqsos Posted December 28, 2012 Share Posted December 28, 2012 Actually, he pays a licence fee to Bob Ronaldo of Luxembourg for his name. As a result, he pays no tax in Spain or Portugal. Not even sales tax like Vat?Is he duty free 24/7 52/365? ---------- Post added 28-12-2012 at 20:47 ---------- Sportspeople have to pay taxes on their winnings? Can't they set-up an offshore company that charges them to use their 'brand' and offset it against paying any tax? It works for Starbucks. I think Ron L Do has done this in Licktenstine,and Auntdora,bioth big tax heavens. Link to comment Share on other sites More sharing options...
cgksheff Posted December 28, 2012 Share Posted December 28, 2012 A spokesperson for the HMRC ........ "Any tax on other UK income such athletes receive can in most cases be set off against tax paid in their home country." And a good piece in The New Statesman: http://www.newstatesman.com/blogs/politics/2012/08/usain-bolt-wrong-oppose-our-tax-laws Link to comment Share on other sites More sharing options...
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