Sports · 22 July 2026
Spain's World Cup prize money may face US tax cut
MBisanz talk via Wikimedia Commons (CC-BY-SA-4.0)
Spain, who won the 2026 FIFA World Cup, might lose up to 30% of its estimated $50 million prize money because of US federal tax laws. The United States was a co-host of the World Cup, and money earned from games on American soil is generally taxable. The tax rule could also affect players, coaches, and staff who earned money during the tournament.
Reported by vanguardngr.com · How we write briefs