Just reading this London 2012 Olympics: Usain Bolt set to shun Britain over punitive tax rules - Telegraph
Just another example of People being taxed out of the country!
Just another example of People being taxed out of the country!
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Not your fault ads - but I love the way the headline makes it seem like Mr Bolt is boycotting the 2012 Olympics......Originally posted by ads1980 View Post
Other than that the story is a goodun! -
I must admit, that headline drew me in! It is a disgrace though about the facts behind the taxing on money that has been earned in other countries!Originally posted by Drewster View PostComment
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So what if he turns up, trips over and doesn't win any prize money - he still has to pay tax on overseas money.
We'll be taxing foreign tourists on their overseas earnings next.Comment
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That's what happens when you go to Dubai.Originally posted by centurian View Post
"No Income Tax" != "No tax at all"
If you buy something there's 20% tax on it.
As an aside, which Government permitted this legislation?Last edited by SupremeSpod; 13 July 2010, 06:37.
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It would be interesting to see someone test the legality of this measure. However, I think Mr Bolt has more important things to do, and that's the problem. Nobody who's caught out by this can be bothered going to court and spending time and money on this if they can just perform elsewhere and avoid it.Originally posted by ads1980 View Post
Just a thought though; did this not affect Wimbledon or the British Grand Prix, and if not, why not?And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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That is an interesting point. So, who fancies approaching all these foreign sports stars and acting as "no win, no fee" challenge against the government!?Originally posted by Mich the Tester View PostComment
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This is plainly ridiculous. Imagine applying to contractors. You do a 9 monther in Germany and a 1 monther in England. We want to tax half your earnings!
Stupidly thought out.What happens in General, stays in General.You know what they say about assumptions!Comment
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Who can blame him? Taxed on worldwide earnings based on proportion of events in Britain? Those rules are not just totally unreasonable, they are well into the realms of insane.bloggoth
If everything isn't black and white, I say, 'Why the hell not?'
John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)Comment
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Its crap like this that makes me actually want to celebrate independance day.
Yanks had it right all along, screw the British and their taxesCoffee's for closersComment
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