Drug scandal rocks Australian cycling
 

"A drug scandal has rocked Australia's Olympic preparations, with explosive
claims in Federal Parliament that up to six elite cyclists used an
Australian Institute of Sport residence as a "shooting gallery"."

http://www.theage.com.au/articles/20...245113326.html

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Drug scandal rocks Australian cycling
 

"DRS" wrote in message
...
"A drug scandal has rocked Australia's Olympic preparations, with
explosive
claims in Federal Parliament that up to six elite cyclists used an
Australian Institute of Sport residence as a "shooting gallery"."

http://www.theage.com.au/articles/20...245113326.html

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*YAWNS* sarcasm What a shock! Athletes using performance enhancing
drugs!/sarcasm Must be a slow news day over at The Age.....

Now, where did I put my syringe?

Drug scandal rocks Australian cycling
 

I'm stunned.

Athletes, who can get huge endorsements if they win, are prepared to cheat
to do so.


"DRS" wrote in message
...
"A drug scandal has rocked Australia's Olympic preparations, with
explosive
claims in Federal Parliament that up to six elite cyclists used an
Australian Institute of Sport residence as a "shooting gallery"."

http://www.theage.com.au/articles/20...245113326.html

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A: Top-posters.
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Drug scandal rocks Australian cycling
 

L'acrobat wrote:
I'm stunned.

Athletes, who can get huge endorsements if they win, are prepared to cheat
to do so.

.... and then they don't like to pay tax on these endorsements:

From
http://www.theaustralian.news.com.au/common/story_page/0,5744,9888318%255E2702,00.html

THE High Court will determine a test case on whether government grants
and prize money given to amateur athletes should be liable for taxation
because they constitute a business.

Justices Michael Kirby and Bill Gummow yesterday granted the federal
Taxation Commissioner leave to appeal a decision that javelin thrower
Joanna Stone's $136,448 in prizes and grants were tax-exempt because,
unlike sponsorships, they were not considered "carrying on a business".
.... etc etc

See also
http://www.gf.com.au/articles_222.htm
http://www.olympics.com.au/default.asp?pg=home&spg=display&articleid=2502

This ****s me. Why the hell shouldn't they pay tax? In this case the
claim that over $100k a year in earnings is not carrying on a business.
An amateur that gets $100k a year? I can understand someone who wins,
say $10k per annum not wanting to declare it as income, but come on.

Which leads me to another pet hate .. that professional athletes don't
have to pay back any of the money spent on them at the AIS. I have to
pay HECs on my university training, why can't they pay it on their
sports training?

- Munk3y

Drug scandal rocks Australian cycling
 

"Unkey Munkey" wrote in message
...
L'acrobat wrote:
I'm stunned.

Athletes, who can get huge endorsements if they win, are prepared to
cheat
to do so.

... and then they don't like to pay tax on these endorsements:

From

http://www.theaustralian.news.com.au...,9888318%255E2
702,00.html

THE High Court will determine a test case on whether government grants
and prize money given to amateur athletes should be liable for taxation
because they constitute a business.

Justices Michael Kirby and Bill Gummow yesterday granted the federal
Taxation Commissioner leave to appeal a decision that javelin thrower
Joanna Stone's $136,448 in prizes and grants were tax-exempt because,
unlike sponsorships, they were not considered "carrying on a business".
... etc etc

See also
http://www.gf.com.au/articles_222.htm

http://www.olympics.com.au/default.asp?pg=home&spg=display&articleid=2502

This ****s me. Why the hell shouldn't they pay tax? In this case the
claim that over $100k a year in earnings is not carrying on a business.
An amateur that gets $100k a year? I can understand someone who wins,
say $10k per annum not wanting to declare it as income, but come on.

I have to agree wholeheartedly. My wife working part time to earn $25k will
have tax taken out of her salary, so why the f#&k shouldn't some high flying
athlete on a 6 figure payroll have to pay a damn sight more tax too!

Cheers
Peter

Drug scandal rocks Australian cycling
 

Originally posted by L'Acrobat Athletes, who can get huge endorsements
if they win, are prepared to cheat to do so.

Is it still cheating if everyone is doing it?

hippy



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Drug scandal rocks Australian cycling
 

Originally posted by Unkey Munkey This ****s me. Why the hell shouldn't
they pay tax? In this case the claim that over $100k a year in earnings
is not carrying on a business. An amateur that gets $100k a year? I can
understand someone who wins, say $10k per annum not wanting to declare
it as income, but come on.

You can't have it both ways... either ALL athletes pay tax on their
winnings or none. That means that my $10 crit wins will now be $9..

Which leads me to another pet hate .. that professional athletes don't
have to pay back any of the money spent on them at the AIS. I have to
pay HECs on my university training, why can't they pay it on their
sports training?

Never thought about this. I thought it was all down to these guys having
to give up everything in order to pursue a sport for the glory of the
country..? or something like that :)

Maybe they pay with their health by volunteering their bodies for all
the testing, drugs, supplements, etc. they have to endure?

Remember that people going to uni/school on scholarships aren't paying
for their education - same thing here?

Check: http://www.ais.org.au/overview.htm

hippy



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Drug scandal rocks Australian cycling
 

"hippy" wrote in message
...
Originally posted by Unkey Munkey This ****s me. Why the hell shouldn't
they pay tax? In this case the claim that over $100k a year in earnings
is not carrying on a business. An amateur that gets $100k a year? I can
understand someone who wins, say $10k per annum not wanting to declare
it as income, but come on.

You can't have it both ways... either ALL athletes pay tax on their
winnings or none. That means that my $10 crit wins will now be $9..


Hmm...
So does that mean you can claim depreciation and maintainance costs of your
bike?
Or laundry costs of your cycling knicks?
And travel costs for that last event you went to?
And what about those Carboshotz? Are they to help you earn your income or
did you eat them in your own time?

Time to add another volume to the taxation rules.

Marty "Tax Free" Wallace

Drug scandal rocks Australian cycling
 

hippy wrote:

You can't have it both ways... either ALL athletes pay tax on their
winnings or none. That means that my $10 crit wins will now be $9..

It would be a simple matter to set an annual threshold, or have a tiered
system.


Which leads me to another pet hate .. that professional athletes don't
have to pay back any of the money spent on them at the AIS. I have to
pay HECs on my university training, why can't they pay it on their
sports training?


Never thought about this. I thought it was all down to these guys having
to give up everything in order to pursue a sport for the glory of the
country..? or something like that :)

So if they do it for the glory of their country, then surely they
wouldn't mind paying tax on their earnings?
Like Pat Rafter being a citizen of Bermuda when he was awarded
Australian of the Year?


Maybe they pay with their health by volunteering their bodies for all
the testing, drugs, supplements, etc. they have to endure?

I don't they would do anything that is detrimental to their health. And
I'm sure they would all be queing up to sue AIS tested a drug on them
that was detrimental (pro sportsmen being a particularly litigious lot
these days).


Remember that people going to uni/school on scholarships aren't paying
for their education - same thing here?

Check: http://www.ais.org.au/overview.htm

hippy


The only uni graduates I know who don't pay HECS are the folks at ADFA.
... and I don't see any of them making $100k+ TAX FREE from endorsements
and winnings.

Even trainee police have to pay HECS to go to the police academy.

- Munk3y

Drug scandal rocks Australian cycling
 

Marty Wallace wrote:
"hippy" wrote in message
...

Originally posted by Unkey Munkey This ****s me. Why the hell shouldn't
they pay tax? In this case the claim that over $100k a year in earnings
is not carrying on a business. An amateur that gets $100k a year? I can
understand someone who wins, say $10k per annum not wanting to declare
it as income, but come on.

You can't have it both ways... either ALL athletes pay tax on their
winnings or none. That means that my $10 crit wins will now be $9..



Hmm...
So does that mean you can claim depreciation and maintainance costs of your
bike?
Or laundry costs of your cycling knicks?
And travel costs for that last event you went to?
And what about those Carboshotz? Are they to help you earn your income or
did you eat them in your own time?

Time to add another volume to the taxation rules.

Marty "Tax Free" Wallace


You would only be able to claim against the proportion of tax paid on
your earnings for that activity, so in this case Hippy would get his $1
back.

- Munk3y