BCCI: No risk over tax exemption for World Cup 2021

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BCCI: No risk over tax exemption for World Cup 2021
BCCI: No risk over tax exemption for World Cup 2021

The International Cricket Council (ICC) and the Board of Control of Cricket in India (BCCI) have been exchanging heat with each other and showering fumes via email on the case of tax exemption.

The combat over tax exemption is going on since the ICC T20 world cup in India. Now, the two bodies have been involved in exchanging emails over the issue regarding World Cup 2021 and 2023 that is to be held in India.

Recently, one of the officials from ICC asked the Board of Control of Cricket in India to mention the efforts they are putting for World Cup’s tax exemption. ICC threatened the world’s richest board to shift the tournament to another venue in case of tax exemption failure which was due till 18th May.

“The ICC and BCCI have been working in partnership to address the issue of tax exemptions for ICC events that is a requirement of the host agreement signed by all parties at the beginning of the cycle in 2015 and this work is ongoing,” an ICC spokesperson as quoted by Times Now.

“There are certain timelines within the agreements that we collectively work towards to ensure we can deliver successful world-class events and continue to invest in the sport of cricket. In addition to this, the ICC Board agreed on clear timelines for the resolution of the tax issues which we are guided by,” the spokesperson added.

BCCI: No risk over tax exemption for World Cup 2021

As a consequence of finding an optimum solution amidst the tax exemption combat, BCCI has assured that they will not lose the right to host the ICC T20 World Cup 2021.

“There is no risk to the tournament. That is a work in progress. We are discussing it with the ICC and we’ll resolve it,” Dhumal was quoted as saying in The Times of India (TOI).

Also, see:

Ben Stokes slammed India’s run-chase against England in World Cup 2019

 

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