LONDON, England (CMC) — The British government on Thursday announced it would relax stiff income tax rules for the 2014 Commonwealth Games, a move that could lure Jamaican sprint sensation Usain Bolt and a host of top-tier athletes to the Glasgow showpiece.
Under British law, non-residents are required to pay a 50 per cent tax rate on their appearance fee and also cough up a quantity of their worldwide endorsement income. Read more>>
Source: Jamaica Gleaner
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