L' Angolo del nuovo manager...lasciate ogni speranza voi ch'entrate (33 Viewers)
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Italy aims to attract superstars by introducing their own Beckham Law
Italy aims to attract superstars by introducing their own Beckham LawSerie A Willing to grant foreign players tax incentives
The Italian government is set to approve a new bill that will grant foreign football players important financial tax incentives.
Following the pattern of the law that was termed the Beckham Law, which was passed in Spain back in 2005 and provided wealthy foreigners with a significant tax allowance, Italy will decrease tax rates for foreign players from 47 percent to 30 percent in the north and from 44 percent to 15 percent in the south.
While the bill is expected to be approved on June 29, it may not be applied before January 1, 2020.
To make it viable this year - with the summer transfer window approaching - clubs will have to sign players as non-residents and do so after July 15.
In that way the newcomers will not have spent more than 183 days in the country by the beginning of the new calendar year and the tax deductions will be automatically applied on January 1.
In Spain, meanwhile, everything points to extra taxes being applied to the world of football in the near future, despite the whole business representing 1.5 percent of the country's GDP.
The famous Beckham Law was modified back in 2010 and it now dictates that only people with an income lower than 600,000 euros are eligible for the tax allowance.
Wealthy foreign players pay 43 percent of their salaries in taxes, while in Andalusia and Catalonia the figure soars to 48.5 percent.
The Spanish Treasury are also contemplating a tax on the commissions of players' agents and the intermediaries of big transfers.
Italy aims to attract superstars by introducing their own Beckham LawSerie A Willing to grant foreign players tax incentives
The Italian government is set to approve a new bill that will grant foreign football players important financial tax incentives.
Following the pattern of the law that was termed the Beckham Law, which was passed in Spain back in 2005 and provided wealthy foreigners with a significant tax allowance, Italy will decrease tax rates for foreign players from 47 percent to 30 percent in the north and from 44 percent to 15 percent in the south.
While the bill is expected to be approved on June 29, it may not be applied before January 1, 2020.
To make it viable this year - with the summer transfer window approaching - clubs will have to sign players as non-residents and do so after July 15.
In that way the newcomers will not have spent more than 183 days in the country by the beginning of the new calendar year and the tax deductions will be automatically applied on January 1.
In Spain, meanwhile, everything points to extra taxes being applied to the world of football in the near future, despite the whole business representing 1.5 percent of the country's GDP.
The famous Beckham Law was modified back in 2010 and it now dictates that only people with an income lower than 600,000 euros are eligible for the tax allowance.
Wealthy foreign players pay 43 percent of their salaries in taxes, while in Andalusia and Catalonia the figure soars to 48.5 percent.
The Spanish Treasury are also contemplating a tax on the commissions of players' agents and the intermediaries of big transfers.
I think he means rumours as in every other source, atleast I hope and pray he means it like that. Look at this tho:
Except for sensational last-minute twists, the new Juventus coach will be Maurizio Sarri. The agreement between the coach & the Italian Champions has been reached for a long time, a three-year contract worth €6m/yr. [@Sport_Mediaset]
Lmfao, "Except for sensational last minute twists"
Except for sensational last-minute twists, the new Juventus coach will be Maurizio Sarri. The agreement between the coach & the Italian Champions has been reached for a long time, a three-year contract worth €6m/yr. [@Sport_Mediaset]
Lmfao, "Except for sensational last minute twists"
We reached 100 pages of pure awesomeness. 
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Gonna be fucking lol when City take Cancelo from us, we replace him with a dud like Hysaj, Pep rejects us and we sign Sarri 
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