Our Comprehensive Sports Tax Advisory Services

We provide Sports Taxation Advisory Services to sporting bodies, sportspeople, sports advisors and organisers, sports academies, training facilities, teams and clubs.

Navigating cross-border and international tax rules creates challenges throughout the sports industry. Several areas require careful planning and specialist advice.

1 – Sportsmen and Sportswomen

• Residency Issues: Athletes compete in many countries, which complicates tax residency and may create double taxation.

• Endorsement Income: Jurisdictions often tax endorsements differently depending on where income arises and where the athlete lives.

• Prize Money: Some countries impose withholding tax on prize money earned within their borders.

2 – Sports Agents and Managers

• Commissions: Cross-border commissions may face taxation in more than one jurisdiction.

• Permanent Establishment: Agents with a substantial presence abroad may become taxable in that country.

3 – Sports Financiers and Sponsors

• Sponsorship Arrangements: Tax treatment varies by location, and double tax agreements often influence the outcome.

• Investment Income: International sports financing requires an understanding of diverse tax treaties and local rules.

4 – Sports Academies and Training Organisations

• Cross-Border Operations: Academies in multiple countries must manage local taxes and avoid double taxation.

• Transfer Pricing: Cross-border intercompany charges can create significant tax exposure.

5 – Broadcasting Rights and Media

• Revenue Allocation: Multi-region broadcasting revenue can trigger complex tax calculations, especially with intellectual property.

• Withholding Tax: Some jurisdictions tax income earned from broadcast content used within their territory.

6 – Digital Platforms

• Streaming Services: Digital revenue may attract taxes in several jurisdictions because digital tax laws differ widely.

7 – Team Operations

• Player Transfers: International transfers often trigger tax liabilities on transfer fees and salaries in both countries.

8 – Image Rights and Advertising

• Licensing Earnings: Athletes earn income from image licensing and endorsements, and these deals require strategic tax planning.

If you work in sport, seek expert support from the international cross-border tax specialists: PB First Global Tax.