I'm no tax expert but...
It would very much depend when the clubs tax year ends. Football clubs are also not treated the same way as other companies.
I don?t know what the following means but it certainly isn?t as easy as being taxed 30% on the whole fee.
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Posted By: Ben on January 21st 2006 at 22:10:45
Message Thread
- If Ashton goes (NCFC) - Wraith, Jan 21, 21:38:29
- We should bank the cash now and limp on until the summer... (NCFC) - Ben, Jan 21, 21:45:49
- the problem is that any profit the club makes is taxed at 30% (NCFC) - Financebod, Jan 21, 21:58:03
- I'm no tax expert but... (NCFC) - Ben, Jan 21, 22:10:45
- the problem is that any profit the club makes is taxed at 30% (NCFC) - Financebod, Jan 21, 21:58:03
- We should bank the cash now and limp on until the summer... (NCFC) - Ben, Jan 21, 21:45:49
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