Working Session 3

Income tax for professional athletes and artists – a cross border story

Frequently, athletes / artists’ income is arranged in a certain manner for the purpose of tax efficiency. Such arrangements may involve performing the activity under the name of a company owned by the athlete / artist or performing the activity as an employee. The fees for athletes / artists’ performances often consist of several components. Athletes regularly receive signing bonuses before any performance is completed, followed by rewards when performance has been completed and incentive bonuses following successful execution. Moreover, athletes /artists regularly have endorsement income in connection with sports or arts events. Finally, athletes and artists may also have income for their image rights. The WS ‘Income tax for professional athletes and artists – a cross border story’ aims to compare the tax treatment of the fees connected to international athletes / artists’ performances in different jurisdictions.

 

Session Schedule

09.00 – 12.00 on Wednesday 2 September

 

Panelists:

Thilo Pachmann, Pachmann, Switzerland

Marcelo Diniz Barbosa, Andersen Ballão Advocacia, Brazil

Arne Riis, Bech Bruun, Denmark

Will Johnson, Haynsworth Sinkler Boyd, USA

Philip McQueston, A&L Goodbody, Ireland

Alberto Brazzalotto, Maisto e Associati, Italy

David Sleight, Kingsley Napley, UK

Ceri Vokes, Withers LLP, UK

 

COMMISSION: Tax Law

GENERAL REPORTERS

Pedrajas Pablo- Tax Law - Working Session 3

 

Pablo Pedrajas

Myren Johan - Tax Law- Working session 3

 

Johan Myrén

 

SESSION DOCUMENTS

General Report

 

National Reports

Brazil

Denmark

Ireland

Sweden

Turkey

UK

United States