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Usain Bolt Just Says No to UK's Taxes on Non-Resident Athletes
Reason ^
| 08/15/2012
| Ed Krayewski
Posted on 08/15/2012 6:55:47 AM PDT by SeekAndFind
Edited on 08/15/2012 7:22:51 PM PDT by Admin Moderator.
[history]
In 2010 Bolt pulled out of the Aviva London Grand Prix because of his stance on UK tax, instead deciding to compete in Paris - for which he was paid $250,000.
(Excerpt) Read more at reason.com ...
TOPICS: Culture/Society; News/Current Events; United Kingdom
KEYWORDS: olympics; taxes; uk; usainbolt
To: SeekAndFind
I assume this will make UK football clubs less competitive over time as well.
2
posted on
08/15/2012 7:03:41 AM PDT
by
wideawake
To: SeekAndFind
3
posted on
08/15/2012 7:26:32 AM PDT
by
cripplecreek
(What does it profit a man if he gains the whole world but loses his soul?)
To: SeekAndFind
California does this also.
4
posted on
08/15/2012 8:12:12 AM PDT
by
Rusty0604
To: wideawake
I assume this will make UK football clubs less competitive over time as well. I doubt those players are non-resident athletes. It's not about citizenship.
5
posted on
08/15/2012 9:05:44 AM PDT
by
Moltke
("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
To: SeekAndFind
The British government says you will get at least 5% of your money back. So come and compete in Britain.
To: Moltke
I thought if you didn’t hold an EU passport it took awhile to establish residency status in an EU jurisdiction.
7
posted on
08/15/2012 10:54:37 AM PDT
by
wideawake
To: wideawake
Dunno. Perhaps permanent residency status. If they live there, they're residents by definition. And the non-resident rule will not apply.
8
posted on
08/15/2012 11:36:01 AM PDT
by
Moltke
("I am Dr. Sonderborg," he said, "and I don't want any nonsense.")
To: SeekAndFind
"In 2010 Bolt pulled out of the Aviva London Grand Prix because of his stance on UK tax, instead deciding to compete in Paris - for which he was paid $250,000."Well, now that Francois Hollande will surely want more of Mr. Bolt's pie, bet he won't go back there for a while.
The Kenyan must go.
9
posted on
08/15/2012 3:34:46 PM PDT
by
ex91B10
(We've tried the Soap Box,the Ballot Box and the Jury Box; ONE BOX LEFT!)
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