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Spain player with World Cup trophy, text "CAMPEONES
Long read • Sports

US Taxes Could Claim Part of Spain’s $50M World Cup Prize

Spain's $50 million FIFA World Cup prize money is subject to U.S. federal and state taxation because the games were played on American soil. Without a tournament-wide tax exemption, the IRS may withhold up to 30%, while individual players and staff face varying state "jock taxes" depending on where the matches took place.

By Sports desk
NRI HeraldJul 23
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The diaspora in figures, this quarter.

Sourced from Census ACS, USCIS, Pew Research and our own newsroom data team.

5.4M
Indian Americans nationwide
+12% since 2020
$144K
Median household income
Highest of any group
1.1M
Awaiting green cards
EB-2 / EB-3 backlog
16
Sitting in Congress & state-wide office
Up from 4 a decade ago