Jon Elphick comments on Kellogg’s dispute with Thanasi Kokkinaikis over Special K trademark

On 8 June 2017, the American cereal manufacturer Kellogg Company (‘Kellogg’s’), which owns the ‘Special K’ trade mark in Australia, and professional tennis player Thanasi Kokkinakis, hit the headlines due to a local trademark dispute over commercial use of his nickname ‘Special K.’ In this article, Richard Millington, Partner and Sports Practice Lead at Shoosmiths…

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‘How to structure image rights companies for international athletes working in the UK’

There appears to be an increasingly common misconception in the media that international athletes set up image rights companies as a ‘tax dodge’ or part of a ‘secret deal’ in an illegitimate attempt to reduce their UK tax liabilities. In the author’s experience, such comments bear little resemblance to the requirements for any image rights…

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Playing the game: UK’s approach to taxing sports stars

Successful athletes need well-considered tax planning.  This is especially so for athletes who compete internationally, as doing so can add layers of complexity to their tax liabilities.  This article offers a high level examination of the UK’s approach to taxing sports stars. It looks at the position of both athletes who are “resident” in the…

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Jose Mourinho image rights dispute: Jon Elphick comments

It was announced today that Jose Mourinho’s move to Manchester United has been delayed by negotiations over image rights. Image rights have become increasingly significant sources of revenue to celebrities and sports organisations in recent year. Jon Elphick, Tax Director at Mark Davies & Associates, answers some of the most common questions on this highly lucrative…

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Spring Budget 2016 – Essential Tax Update for Non-doms

George Osborne’s eighth Budget (and my 22nd commentary) did not fail to deliver surprises. It is expected that a Chancellor will take the opportunity to use the Budget to throw sweeteners at the electorate. This year the Chancellor did that literally with the announcement of a Sugar Levy. Headlines Corporation tax is getting a revamp…

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