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The International Cricket Council (ICC) needs tax exemptions for subsequent yr’s T20 World Cup to be hosted in India or the cash paid by the world physique could be deducted from the Indian cricket board’s share of income. The different possibility, earlier than the ICC, is to maneuver the match to the United Arab Emirates, which hosted the final season of the Indian Premier League. The tax subject is excessive on the agenda of the Board of Control for Cricket in India’s (BCCI) 89th Annual General Body Meeting. Cricket’s potential inclusion within the 2028 Los Angeles Olympics, which is backed by the ICC, may even be mentioned.
The ICC has set the December 31 deadline for the Indian board to substantiate a full tax exemption. “As per Clause 10.20 of host agreement for this event, the BCCI is obligated to deliver to ICC a full tax exemption for all income arising out of this event in favour of ICC, its subsidiaries and associates and its Members at least 18 month prior to the start of the event,” the BCCI has talked about within the agenda papers for its 89th Annual General Meeting to be held in Ahmedabad on Thursday.
Without a full tax exemption, the ICC’s surplus payout to its Members will likely be decreased and in May this yr, the sport’s international physique had agreed to increase the deadline for the BCCI until December 31 to do the needful. If the Indian board fails, then: “a. ICC moves the 2021 event from India to UAE or “b. BCCI provides an undertaking that if the BCCI is unable to achieve the requisite tax solution then any resulting tax liabilities by ICC/IBC/its Members will be set off against monies owed to the BCCI from ICC (including ICC distributions) and that the BCCI will be liable for any shortfall after set off.”
The BCCI has already distributed the agenda papers amongst its members and the problem goes to be deliberated upon at size on the AGM. The BCCI-ICC tax tussle has been an ongoing saga. The international physique had earlier wished to get better the tax burden of the 2016 World T20 in India and threatened the BCCI to deduct part of its annual income share in case of non-exemption.
Cricket in Olympics
The ICC doc, in possession with The Indian Express, describes cricket and the Olympic Games “a winning partnership”. According to the sport’s governing physique: “Cricket can provide the Olympic movement with an unrivalled opportunity to drive fan engagement across the Asian Sub-Continent.”
As for cricket’s advantages, the doc says: “The Olympics can provide cricket with an unrivalled opportunity to super-charge global growth beyond its traditional heartlands, particularly in the USA, Europe and China.”
The ICC is concentrating on the 2028 Los Angeles Olympics and a survey amongst its Associate Members confirmed that a further $13 million funding may very well be triggered simply for the Associates by cricket’s inclusion within the quadrennial showpiece occasion.
The ICC has additionally chalked out a tentative cricket programme for the 2028 Olympics: “One men’s and one women’s event (each spanning 9 days); Twenty20 format; 8 teams, and 16 matches per event; 11 players per team / 15 players per squad; 2 venues / turf or hybrid pitches.” The ICC needs all its 104 members to be united “to progress a bid” and lists “unifying all Members behind the campaign for cricket’s inclusion” as a problem.
So far the BCCI has proven reluctance to cricket’s inclusion within the Olympics. There’s a terror that cricket in T20 format within the Olympics can negatively have an effect on the income stream from bilateral and international T20 occasions.
The ICC, on the opposite hand, believes that cricket’s inclusion within the Olympics will guarantee “diversification of funding for Members, reducing reliance on ICC funding”.
It is learnt that the BCCI underneath its current dispensation is open to think about cricket’s inclusion within the Los Angeles Olympics, which is a purpose the merchandise has been listed on the AGM agenda. Only final month, former India captain and present National Cricket Academy director Rahul Dravid threw his weight behind a cricket-Olympics partnership.
New IPL teams
The members will deliberate on incorporating two new teams into the Indian Premier League (IPL). According to a BCCI official, the vast majority of the members are in favour of an growth, as they really feel it could create a “larger talent pool, given the abundance of talent in Indian cricket”. It must be seen if the BCCI brings on one new workforce to start out with or two, and from the following yr or 2022. “We will take a decision after the matter is placed before the members; one new team or two, from 2021 or 2022; we want to go ahead based on consensus,” the BCCI official mentioned.
According to sources, Ahmedabad, which is alleged to have the world’s largest cricket stadium at Motera with a seating capability of 110,000, is all however sure to have a new IPL workforce.
T20 World Cup venues
The BCCI has picked Ahmedabad, Bangalore, Chennai, Delhi, Mohali, Dharamsala, Kolkata and Mumbai to host the T20 World Cup matches. Some members, although, want a wider distribution. “It’s a matter of pride for every centre to host World Cup matches. We have high-class stadiums and top facilities and we want the BCCI to consider our case as well. We are OK with the bigger centres hosting India matches. But at least give us some games. We will raise the issue at the AGM,” president of a West Zone state affiliation mentioned.
© The Indian Express (P) Ltd
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