ICC may shift T20 World Cup 2021 from India over tax issues

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Karachi: The International Cricket Council (ICC) has threatened to take away the 2021 men’s T20 World Cup from India after the  Board of Control for Cricket in India (BCCI) failed to get the tax exempted for the tournament from their government.

BCCI had to get tax exempted for the competition, however, it has failed to do so. On which, ICC has sent an email to BCCI chief Sourav Ganguly, reminding it reserves the right to shift the tournament from India.

BCCI had to provide an “unconditional confirmation” by May 18 to sort out the tax issue with the Indian government but instead, the board has asked for the deadline to be extended to June 30.

“In light of the BCCI’s notification of force majeure, we would highlight the obligation on the BCCI of the Host Agreement and that IBC (ICC Business Corporation) is entitled to terminate the agreement with immediate effect at any time from 18 May 2020,” Jonathan Hall, the ICC’s general counsel, wrote to the BCCI on April 29, quoted by ESPNcricinfo.

“The BCCI has clearly had many years to arrange the tax solution which is why the agreement asks for it to be provided no later than 18 (eighteen) months prior, and why the BCCI was required to provide it by 31 December 2019. In such circumstances, IBC is not prepared to agree to the requested extension to June 30, 2020, or 30 days after the lockdown is lifted whichever is later,” he added.

“In the meantime, all of IBC’s rights are reserved in full including the right to challenge whether or not a valid force majeure exists,” hall added in the letter.

The ICC currently stands to lose around $100 million if the BCCI neglects to make sure the tax exemption against for the T20 World Cup in India.

Read also: Preparations are underway for T20 World Cup in Australia as per plan: ICC

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