No risk of losing 2021 T20 World Cup on tax exemption: BCCI | Cricket news

No risk of losing 2021 T20 World Cup on tax exemption: BCCI | Cricket news

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New Delhi: A BCCI official told Reuters that India is not in danger of losing the hosting rights for next year’s Twenty20 World Cup despite the Cricket Board’s failure to obtain tax exemption for the event.

The tax exemption for International Cricket Council (ICC) events is listed as a requirement in the host agreements and the BCCI should have confirmed that they had secured by 18 May.

ESPNcricinfo has reported that the ICC has threatened to shift the tournament away from India on this issue, citing correspondence between the two bodies.

However, BCCI treasurer Arun Singh Dhumal told Reuters that this would not happen and talks were on.

“There is no risk to the tournament,” he said by telephone.

“It is a work in progress. We are discussing it with the ICC and we will resolve it.”

The BCCI faced a similar problem when it hosted the event in 2016 when the government refused to provide tax exemptions, and New Delhi’s stance remained unchanged despite the board’s appeal.

The failure to secure that exemption in 2016 led the ICC to withdraw an amount equal to India’s share of India’s revenue grant and it appears to be an even tougher line this time.

An ICC spokesperson told Reuters, ‚ÄúThere are certain time limits within the agreements, in which we work collectively to ensure that we can organize successful world class events and invest in the game of cricket. ”

“In addition, the ICC Board agreed to a clear deadline for the resolution of the tax issues by which we are directed.”

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