Casey hits the bunker about Ryder Cup tax planning
Paul Casey warns that golfers are fed up about "mad" tax rules affecting players in the upcoming Ryder Cup
Paul Casey
The taxman will score a bogey if foreign golfers are forced to pay tax by
playing in the Celtic Manor-based Ryder Cup in a couple of months.
UK golfer Paul Casey said that it would be “mad” if the golfers representing
the US and Europe had to pay tax on a portion of other income – despite not
being paid to play in the Ryder Cup, reported the
Independent.
It is understood that the European tour is in discussions with HM Revenue
& Customs about the matter, believing it should have the same exempt status
afforded to the upcoming London Olympics.
Arizona-based Casey said he has been warned by his accountant that he could
be liable for the tax.
“I will always go back because it’s home, but I fear it will keep people
away. I do think about it, I’m not a huge fan of paying through the nose for
something,” he told the paper.
Further reading:
UK
tax stance on overseas sports stars “absurd”: Olswang
Usain
Bolt in dash from the taxman
