All World Cup teams poised for tax exemption after Fifa talks with US treasury
Summary
Fifa is close to getting a tax exemption for all 48 World Cup 2026 national teams from the US government. This means these teams could avoid paying federal taxes on their World Cup earnings, although they may still owe state and local taxes.Key Facts
- Fifa has been working with the US Treasury and President Donald Trump’s World Cup taskforce to secure tax exemptions.
- National associations can apply for tax-exempt status under section 501(c)(3) of the US tax code.
- To qualify, organizations must not benefit private individuals or engage in political activities.
- Fifa itself has been tax-exempt in the US since the 1994 World Cup but could not extend this to member associations before.
- Canada and Mexico, the other two 2026 World Cup hosts, already provide tax exemptions for their national teams.
- Getting US tax exemption will save national teams millions of dollars and reduce financial worries about participation costs.
- Fifa increased the prize money and participation fund by 15%, totaling $871 million, guaranteeing $12.5 million to each qualifying team.
- The tax exemption process is ongoing, and final approval is not yet confirmed.
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