Aguero

[Kenneth]

Are you sure? I think that's unlikely.

Ok.

[Neil Young]

I just wondered, that's all.

[Norbs]

But they come to live and spend most of their money in Britain, so it won't have that much of an impact.

Isn't the opposite true? Even the most expensive property is no more than £4k a month, under 1% of the player's wages. 1 Ferrari and eating out each night should boost that to 2% of their wealth being lavished on the UK economy

[Fierce]

Spain "Beckham Law" tax rate for foreign players is around 24% but in Italy the tax rate is around 43% so it is not much lower than the tax rate paid in England.

If it is true that Juve would offer him €7.5m per year on the 5-year contract we would need to offer him around £148k per week to match their offer including tax differences between 2 countries.

P.S. 1 British pound = 1.10716009 Euros rate used to compute those numbers

This isn't the case anymore, used to be but they noway the same tax rates as everyone else. Still not as high as over here, but not that much difference

[Mostar]

This isn't the case anymore, used to be but they noway the same tax rates as everyone else. Still not as high as over here, but not that much difference

Tax differences are not big between England and any other country in Europe but Spain, where differences are still huge if you are a foreign player.

That said, if you're local/domestic player from Spain then you are taxed only fraction less if you would move to play for English club, which would help us compete with other clubs for Spanish born players like Martinez, Mata etc.

[JHP]

Tax differences are not big between England and any other country in Europe but Spain, where differences are still huge if you are a foreign player.

That said, if you're local/domestic player from Spain then you are taxed only fraction less if you would move to play for English club, which would help us compete with other clubs for Spanish born players like Martinez, Mata etc.

I've never regarded a 2-3% difference as large but we can all have an opinion

[Mostar]

I've never regarded a 2-3% difference as large but we can all have an opinion

Read this study done in November of 2010 on Taxation and Migration of foreign players and you will see that there is a significant difference in tax rates between Spain and England when it comes to foreign players which was my point in the first place.

http://ceg.berkeley.edu/research_27_3341497084.pdf

[red g]

I would be surprised if any top footballer decided not to go somewhere based on paying a tax that with clever accountants wont pay much of it anyway.

greedy *******s if they do.

[JHP]

Read this study done in November of 2010 on Taxation and Migration of foreign players and you will see that there is a significant difference in tax rates between Spain and England when it comes to foreign players which was my point in the first place.

http://ceg.berkeley.edu/research_27_3341497084.pdf

Historically there have been differences but my understanding is that footballers have been brought into line with others to pay about 24% national tax and 24% local tax - totally 48% vs UK 50% but again with different allowances etc in each.

I think the document is listing historic data but I'm not an expert and happy to be told I'm wrong

[Kenneth]

I just wondered, that's all.

Despite my assertion, obviously I don't know. There's extravagant cost of living expenses, but possibly savings and investments held in the uk. Basically, I'm trying to say that the exchange rate is only an issue for the portion of their income that they move abroad in another ccy. So the impact of ccy exchange is probably less than the differential in taxation between the uk and Foreign. In response to a rather minor point made above.

<Christ, the internet is such a waste of life>

[Mostar]

Historically there have been differences but my understanding is that footballers have been brought into line with others to pay about 24% national tax and 24% local tax - totally 48% vs UK 50% but again with different allowances etc in each.

I think the document is listing historic data but I'm not an expert and happy to be told I'm wrong

That is true for domestic players but not for foreign players non-residents of Spain like Kun for example who only needs to pay around 24% tax rate and that is where English clubs are at disadvantage to Spanish clubs.

[Neil Young]

Despite my assertion, obviously I don't know. There's extravagant cost of living expenses, but possibly savings and investments held in the uk. Basically, I'm trying to say that the exchange rate is only an issue for the portion of their income that they move abroad in another ccy. So the impact of ccy exchange is probably less than the differential in taxation between the uk and Foreign. In response to a rather minor point made above.

<Christ, the internet is such a waste of life>

Yes.

[little dave hedgehog]

worst thread ever.

[JHP]

That is true for domestic players but not for foreign players non-residents of Spain like Kun for example who only needs to pay around 24% tax rate and that is where English clubs are at disadvantage to Spanish clubs.

Yes I know that's what you're claiming but it doesn't fit with what I understand. The document you refer to shows data to 2008 or so and I believe the situation has changed since then.

There are others who claim that players only pay 24% and overlook local taxes (another 24%).

Then there are those who claim the Beckham rule for non residents (non nationals who don't exceed 183 days). The so called Beckham rule has been addressed and most would spend more days in the country than the rule permitted.

Most countries have a scheme where non nationals can avoid local tax to varying degrees but all (largely except oil rich countries) are seeking to get as much tax from people as possible. It's often exploited by those who continually travel and can c lasim to only spend small numbers of days in each country but footballers mostly don't now fall into that group.

Whilst I know a bit about tax in many countries I'm not an expert in any and willing to be shown something that would make it clear that footballers in Spain pay reduced tax. But I haven't seen anything yet. All I've seen so far recently shows the opposite.

[andrewces38]

worst thread ever.

I concur It's like a pre budget forum , **** the tax get the ****er playing in a red shirt , If not lets move on