Profits made by the International Cricket Council (ICC), its executives, and international players competing in the Champions Trophy 2025 will not be subject to taxes in Pakistan. Income earned by ICC’s business entity, staff, agents, and related persons is exempt from taxes thanks to this waiver, which has been granted by the Economic Coordination Committee (ECC) and recommended by the International Monetary Fund (IMF). Members of the media, as well as coaches and players, are also free from this rule.
It is common practice for international events to include tax-free conditions in the hosting rights agreement that the ICC wanted. Nonetheless, the Pakistan Cricket Board’s and other Pakistani residents’ income from the event is still taxable.
Some have voiced concern that the government’s treatment of local taxpayers, such as educators and scientists, who were recently hit with retroactive tax requests, is at odds with this tax relief. These experts still haven’t gotten their refund problems handled, even though the ICC has benefited from quick compromises.
After co-hosting the 1996 World Cup, Pakistan hasn’t competed in a major cricket competition since the Champions Trophy. The majority of matches take place in Pakistan, however the UAE is also hosting games featuring India because the Indian team has refused to play in Pakistan.
Like other host countries, the United States administration used its extraordinary powers to enact the waiver outside of parliament. The topic of how to fairly balance domestic tax policy with international obligations has been revived by this action.