Jovana Brašić

TAXATION OF INDIVIDUALS INVOLVED IN SPORT ORGANIZATIONS

Summary

This paper analysis the application of the regulations on Personal income Tax to the individuals involved in sport organizations. The author points out the main characteristics of this tax with special reference to the binding item of Taxation and Sports regulation. With the aim of determining the application methods of Taxation code to these persons is analyzed in detail their legal position in a sports organization. Their classification was performed on persons who have professional status and persons who have amateur status. Сonsequently is determined the character of earnings generated by sports organizations, as well as the exclusion of income from the tax base. The work presentes a comparative review of these issues in the Republic of Sebia with solutions represented in the countries in the region and some Member states of European Union, which is primarly related to the amount of the tax liability trough the presentation of tax rates and tax exemption provided in this area.

Key words: sport, tax, professional player, amateur player, sports couch, sports organizations, contracts, Income tax.