WC 2010: Tax man to get slice of Black Stars' World Cup payout

Accra- Ghana (PANA) -- The tax man is ready to collect his cut from the bonuses p aid to players of Ghana's senior national football team, the Black Stars, following their appearance and performance at the just-ended FI FA 2010 World Cup in South Africa.
The Internal Revenue Service (IRS) is claiming at least US$349,600 from the earn ings of the 23 players, technical team and Ghana Football Association (GFA) officials, the state-owned Daily Graphic newspaper reported on Tuesday.
It said the amount constituted 10 per cent tax on the publicly-known earnings of the players in respect of appearance fees, winning bonus and â?thank youâ? package announced by the government when the team called on President John Evans Atta Mills last Tuesday.
It said each member of the playing body was paid at least US$152,000.
This compr ised appearance fee of US$70,000, winning bonuses for three group matches of US$45,000 paid in full although the team beat Serbia 1-0, drew 1-1 with Australia and lost 1-0 to Germany; winning bonus of US$17,000 for defeating the US in the second round; and a ''thank you'' of US$20,000.
The allowances of the technical and management teams as well as the GFA official s are being worked out to be taxed.
The coach and his assistant were given a ''thank you'' of US$20,000 while the handlers and GFA team were giv en US$10,000.
The newspaper quoted Ms Zenabu Yakubu, a Chief Inspector of IRS, as saying the S ervice had requested the Ministry of Youth and Sports to deduct the tax in respect of the earnings.
The Ghana Black Stars reached the quarter-finals of the World Cup where they los t to Uruguay in controversial circumstances when a Uruguay player stopped a goal-bound shot at the last minute of extra-time with his hands.
The resultant penalty kick by Ghanaian striker Asamoah Gyan clipped the bar and went out.
Ghana lost the penalty shoot-out 4-2.

13 july 2010 08:47:00




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