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India Could Lose Hosting Rights for 2021 Champions Trophy Due to Tax Issues

Cricketnext | Updated: February 9, 2018, 11:32 PM IST
India Could Lose Hosting Rights for 2021 Champions Trophy Due to Tax Issues

(Image: AP)

New Delhi: The International Cricket Council (ICC) has stated that they are looking for alternate hosts for the Champions Trophy that is scheduled to be held in India in 2021. The move has come after lack of tax exemptions by the Indian government, and has forced the ICC to look for other viable options.

Cricket's apex body in a release also stated that they will continue to engage in a dialogue with the BCCI, and the Indian government for a possible solution.

In a statement ICC said, “The Board expressed their concern around the absence of a tax exemption from the Indian Government for ICC events held in India despite ongoing efforts from both the ICC and BCCI to secure the exemption which is standard practice for major sporting events around the world.”

“The Board agreed that ICC management, supported by the BCCI will continue the dialogue with the Indian Government but in the meantime directed ICC management to explore alternative host countries in a similar time zone for the ICC Champions Trophy 2021,” it added.

Earlier, PepsiCo Chairman and CEO Indra Nooyi was appointed to the ICC Board as the organization’s first independent female director. Mrs. Nooyi will join the Board in June 2018 to align with the term of the ICC Independent Chairman, following the unanimous confirmation of her appointment.
First Published: February 9, 2018, 11:26 PM IST

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