BCCI to contact British law firm as ICC wants India's revenue slashed
Updated On: 09 August, 2019 08:09 AM IST | | PTI
The BCCI legal team has informed the CoA that the Board "ensured all efforts to make tax exemptions to ICC. Prior to this event (2016), these events have always received tax exemptions."
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Shashank Manohar
New Delhi: The BCCI is set to seek advice from an English law firm after the ICC threatened to deduct a part of the Indian cricket board's annual revenue share in a continuing tussle on tax exemptions for events held in India. The Shashank Manohar-led International Cricket Council (ICC) wants complete tax exemption for all global events happening in India and is still awaiting waiver for the 2016 World T20 held in the country.
According to the latest documentation of the July 6 Committee of Administrators (CoA) meeting here, the ICC wants to recover the tax burden for the 2016 event by slashing the BCCI annual share from the ICC revenue. The BCCI legal team has informed the CoA that the Board "ensured all efforts to make tax exemptions to ICC. Prior to this event (2016), these events have always received tax exemptions."
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