All World Cup teams poised for tax exemption after Fifa talks with US treasury

Teams should now be exempt from US federal taxes Many will still have to pay US state and city taxFifa is poised to secure a last-minute tax exemption for all 48 World Cup qualifiers after intensive negotiations with the US treasury.After months of lobbying Fifa has secured a significant breakthrough that should result in the national associations being exempt from federal taxes, although many will still have to pay state and city tax on their World Cup earnings. Continue reading...