Spain faces major tax hit on World Cup prize money in US
Spain could lose a significant portion of its $50 million prize money from winning the 2026 FIFA World Cup due to US federal taxes. Under US law, foreign athletes are generally subject to a 30% withholding tax on income earned in the country. Several US politicians and commentators have criticized the tax burden, calling it excessive and unfair. The lack of broad tax exemptions for players, unlike in previous host countries, has intensified the debate.
Match highlights
- Spain won the 2026 FIFA World Cup after defeating Argentina 1-0 in the final at the New York New Jersey Stadium on Sunday, July 19.
- The champions are set to receive $34 million from FIFA, part of a record $871 million prize fund for the tournament.
- US federal law imposes a 30% withholding tax on foreign athletes, with additional state taxes potentially raising the total to 40%.
- Republican Congressman Tim Burchett and Democratic Congressman Jonathan Jackson both criticized the tax rate as excessive.
- Commentators noted that, unlike previous hosts, the United States did not grant broad tax exemptions to players, coaches, or staff.
