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sports1d ago
All World Cup teams poised for tax exemption after Fifa talks with US treasury
- FIFA nears a breakthrough to secure U.S. federal tax exemption under 501(c)(3) for all 48 World Cup qualifiers.
- National associations could apply for exemption if they follow proper procedures, officials say.
- Federal tax exemption would mainly relieve World Cup earnings from federal taxes, with state and city taxes still possible.
- Fifa has long benefited from tax-exempt status in the United States since 1994, but the exemption for member associations would be new.
- Canada and Mexico already granted tax exemptions to their national associations, easing costs ahead of the World Cup.
- The 15% increase in FIFA’s prize and participation payments raised the total to $871 million, with each team guaranteed $12.5 million.
- FIFA did not comment publicly on the tax negotiations, describing the situation as ongoing.
- The World Cup 2026 hosts include the United States, Canada, and Mexico.
- A tax-exempt status would require associations not to benefit private shareholders or engage in political activity.
- National associations would still face state and city taxes on World Cup earnings even with federal exemption.
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