Tax issues won't affect ICC events taking place in India: BCCI

Image
IANS Kolkata
Last Updated : Apr 25 2018 | 10:25 PM IST

Tax issues won't affect India hosting the 2021 Champions Trophy and the 2023 World Cup, Board of Control for Cricket in India (BCCI) Acting Secretary Amitabh Chaudhary said here on Wednesday.

On the sidelines of the International Cricket Council (ICC) quarterly meeting here, Chaudhary sounded confident of getting government exemptions for both the mega events.

"The matter is not closed, please understand," he told reporters.

"It is still under consideration. As you know, tax matters take long, even assessments take long, very long. Don't worry."

After the the Indian government refused to exempt the 2016 World Twenty20, the ICC suffered a revenue deficit. Since then, the BCCI has tried desperately to alter their stance, but to no avail.

The ICC had said in February that it was exploring alternative venues for the Champions Trophy.

Chaudhury added that ICC's wish to relocate the Champions Trophy might help the board's efforts in the end.

"Sometimes, such things help. Maybe tax authorities will think 'we'd be responsible if these events are taken away from India' and grant tax exemption," Chaudhary said.

Chaudhary further revealed that the ICC has decided to study the kind of concession the government in the United Kingdom offers to European football's governing body UEFA for hosting events like the Champions League final and "see if a parallel can be drawn".

--IANS

dm/pur/vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 25 2018 | 10:18 PM IST

Next Story