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ICC to discuss tax exemption for 2021 T20 World Cup in India

The International Cricket Council (ICC) will be discussing to postpone this year’s T20 World Cup in Australia to 2022. The decision to have to the tournament in 2022 is due to the fact that they already have an edition scheduled to take place in 2021 in India. 

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The International Cricket Council (ICC) will be discussing to postpone this year’s T20 World Cup in Australia to 2022. The decision to have to the tournament in 2022 is due to the fact that they already have an edition scheduled to take place in 2021 in India. 

The ICC Board is also likely to discuss the issue of tax exemption for the 2021 World T20 in India as BCCI has sought more time due to the lockdown. The deadline to get tax exemption was December 2019 but it is understood that the BCCI can hardly do anything when it comes to the country’s existing tax laws.

The 2016 World T20 tax rebate issue has already been referred to the tribunal. 

“If they didn’t change it in 2016 World T20, why would they change the rule in 2021. And also the tax exemption is primarily on waiver of import duty of broadcast equipment.

“We can understand that exemption is required in Australia but here Star has a fully operational set-up with all production equipment. Why do you require an exemption?” the BCCI official asked.

As for the postponement of the 2020 World Cup, this will also open up a window for the Indian Premier League (IPL) in October.

“There is a good chance that postponement of World T20 will be decided during Thursday’s board meeting. Whether there will be a formal announcement or not is the question,” an ICC board member told PTI.

“There is very little chance of World T20 going ahead in this situation. I don’t think either Cricket Australia or the top boards will mind,” he added.

 

 

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