Bolt to miss London meeting over tax issues

PARIS,  (Reuters) – Triple Olympic champion Usain  Bolt said he will not compete at next month’s Diamond League  meeting in London because of Britain’s tax laws.

“I am definitely not going to run (in London),” Jamaican  Bolt told a news conference yesterday ahead of Friday’s Diamond  League meeting in Paris.

Asked if it was becase he would lose more money than he  would earn from running in London, Bolt replied: “That’s what my  agent told me.”

Britain’s Daily Mail newspaper reported that if Bolt  competed once in Britain and only five races elsewhere, British  tax authorities would demand one-sixth of everything he earns, whether in Britain or not.