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NEWS Australian cricketers under Tax Office scrutiny13th Feb 2007 14.02 IST By Agencies Australia's top cricketers including Shane Keith Warne are being investigated for apparent tax evasion due to their alleged failure to disclose overseas earnings. Warne and other international cricketers have allegedly failed to declare hundreds of thousands of British pounds managed in offshore accounts, a local TV report said on Monday. Investigators believe a big part of their English playing and endorsement earnings were in offshore trusts managed by tax haven specialist Philip Egglishaw, the report said. The players seemed to have not been advised that their English income should be declared and taxed in Australia. Report said that Warne had relied on advisers and is believed to have told tax officers, he was not aware his international arrangements might have breached Australian tax laws. "That's all totally clean," a source close to Warne told 'The Age' newspaper. "His accountants are speaking with the tax department," the source added. Also View Team Page: Australia Team Page: England | LIVE CRICKET COVERAGE NEWS ~ Gilchrist has no plans to retire after World Cup ~ Ganguly's new batting approach may cost him sixer record ~ India 'squash the Orange' in World Cup warm-up game ~ Symonds gets a new hairdo for World Cup ~ Dhoni readies himself for stand-up act at World Cup (more in NEWS) FACE-TO-FACE ~ 500-mark a possibility in World Cup: Hayden ~ Minnows add charm to World Cup: Dravid (more in FACE-TO-FACE) COLUMNS ~ Will Sri Lanka replicate 1996 World Cup success? (more in COLUMNS) OFF-THE-FIELD ~ Ganguly again the darling of corporate world ~ Ganguly roped in as brand ambassador of Puma (more in OFF-THE-FIELD) PLAYERS Sachin Tendulkar, Sourav Ganguly, Rahul Dravid, Anil Kumble (more PLAYERS) TEAMS India, South Africa, Pakistan, Sri Lanka, Australia, West Indies, Zimbabwe, England, New Zealand, Bangladesh, Kenya, Holland |
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