Friday, November 6, 2009

Primera: Spanish league decides not to strike over tax hike

Spain's professional soccer league (LFP) has decided not to strike over a planned tax hike for top-earning foreigners after a meeting with officials from the 42 clubs in Spain's top two division.

Another meeting is scheduled on Nov. 19 to discuss any progress made in talks with the government.

The new measure will raise taxes for foreign players who earn above 600,000 euros ($892,600) a year to 43 percent from 24 percent.




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