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Kenya athletes threaten boycott over tax | Kenya athletes threaten boycott over tax |
(35 minutes later) | |
Some of Kenya's top athletes have threatened to stop representing their nation at international competitions like the Olympics over new tax laws. | Some of Kenya's top athletes have threatened to stop representing their nation at international competitions like the Olympics over new tax laws. |
Wesley Korir, an MP and former Boston marathon winner, said athletes would end up paying tax twice as they already pay tax on their winnings abroad. | Wesley Korir, an MP and former Boston marathon winner, said athletes would end up paying tax twice as they already pay tax on their winnings abroad. |
Addressing a forum of athletes in Eldoret, he said athletes only pocket about 15% of their earnings. | Addressing a forum of athletes in Eldoret, he said athletes only pocket about 15% of their earnings. |
The move could also see many athletes changing nationality, he said. | The move could also see many athletes changing nationality, he said. |
The Kenya Revenue Authority (KRA) wants award-wining athletes to pay the top rate of tax - 30% - on their earnings from this month. | |
But addressing the meeting at the University of Eldoret grounds in Kenya's Rift Valley, Mr Korir said the authorities should see the athletes as an asset. | But addressing the meeting at the University of Eldoret grounds in Kenya's Rift Valley, Mr Korir said the authorities should see the athletes as an asset. |
"The breakdown for taxation and deductions is as follows: 30 to 35% for the country of origin, 15% for the agent, 10% for the manager, and now the KRA wants to add salt to injury by slapping a 30% tax of that amount," the Reuters news agency quoted him as saying. | "The breakdown for taxation and deductions is as follows: 30 to 35% for the country of origin, 15% for the agent, 10% for the manager, and now the KRA wants to add salt to injury by slapping a 30% tax of that amount," the Reuters news agency quoted him as saying. |