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Black Stars players did not pay tax of US$ 17,000 on appearance fee to Brazilian government

Black Stars

Black Stars

Ghana’s World Cup players did not pay US$17,000 out of the US$100,000 appearance fees as taxes to the Brazilian government.

There had been reports that the money was being deducted by the Brazilian taxman after US$ 3 million was airlifted to the team in Brasilia, a day before playing Portugal in their final match.

A member of the Ministry of Youth and Sports World Cup Committee Kwadwo Adu Asare had gone on the record to confirm the news.

But the Ghana Football Association president has denied anything of that sort happened in Brazil.

Kwesi Nyantakyi explained that the players were allowed to carry the amount on them after declaring to Brazilian officials.

“The players declared whatever monies they had in Brazil. If you hide the money and you are caught, then that becomes an offence,” Nyantakyi told the media at briefing on Monday in Accra.

Nyantakyi also explained that all bonuses and appearance fees paid to players and officials were subject to tax and that the taxes are paid whether in Ghana or overseas.

“So for all the matches we play here taxes are deducted but for the World Cup competition specifically, the tax is determined by the domestic law on taxation of the host country,” he added.

“In 2014 I don’t know the tax rate in Brazil but this is how you pay the tax. When FIFA pays you your money, they retain 10 per cent of that money.

“They keep it till you honour your tax obligation. The host country will send tax request to FIFA and then FIFA will sort it out with the affected country.

“And so when you determine the amounts that are paid, they will deduct the taxes from Zurich and transfer it to the relevant authorities of the host country. So I can assure you that the taxes on the money will be paid.”

In 2006, Ghana paid taxes on bonuses that were paid in Germany and that the tax rate was 21.1 per cent at the time.

Four year later in South Africa, the tax rate on the bonuses was 17 per cent.

READERS COMMENTS

  1. lion-fire says:

    No one believes you boss, even if it is true.. Go away

  2. Rasheed says:

    Uglya nd corrupt Nyantakyie, will please do me a favour?. Just allow yourself to be flogged properly at Opera square, okay?

  3. Boro says:

    Would we have paid the tax in Brazil if the transfer of the appearance fee had been paid in Ghana? If the answer is NO, then whoever supervised the transfer of this money is INDEED a FOOL. Do we know how many social intervensions this could have done to some poor Ghanaians? Ghana is truely a country without SENSE!

  4. koffers says:

    the governemtn flew $3M to brazil for the players appearance fees and if i’m correct, the appearance fee was paid to the players. there were 23 players and each got paid $100,000.00 so (23×100,000 = 2,300,000), if $3,000,000 – $2,300,000 = $700,000 then where is the remaining $700,000.00?

  5. Zambia Soccerman says:

    Who in their right mind flies a jet full of cash? haha village people. There is no wire transfers there in Ghana? This story has been flying everywhere on the CNN embarrassing the whole Africa. Meanwhile Kenya boast of the quick way to make payments through phone..I mean cell phone people and you guys had to load money in a plane? This must be a joke of the year. Talk to Kenyans they will show you their pesa technology.

  6. Zambia Soccerman says:

    That Nyantakyi must really be an idiot. Why does Abede pele not running the GFA? More less like Great Kalu, though Kalu is corrupt, he has made sure that players are told what they would receive before any match and they are paid after the game..no stories. But I do remember when we had some useless administrators at FAZ and players would play games and not getting paid. You someone that’s has been a players before and went through the pain of not getting paid like Kalu did. Abede Pele should be man to lead the Ghana FA. There no big name players in that Ghana than abedi so players will respect him as they do with Great Kalu. Who is this Nyantakyi. Did he ever kick a ball in his life time? None sense human being.

  7. Zambia Soccerman says:

    Oh I was just reading his bio. The nigga is a banker, Lawyer and Football team owner? This nigga is a corrupt business man, that’s all he is and he making you guys drink his koolAid while cashing. I can’t believe Ghanaians are let this idiot piss on your heads like.