Cancel the train wagon, the FIFA headquarters will probably remain in the Limmat city (as it has been since 1932). This is reported by the Süddeutsche Zeitung.
French President Emmanuel Macron and FIFA boss Gianni Infantino in Upper Valais had other plans. Macron and his colleagues had introduced an amendment to the 2024 budget that provided massive tax advantages for sports associations such as FIFA. FIFA has had a branch in the Hôtel de la Marine in the center of Paris since 2021. The domicile belongs to the Emir of Qatar, the 2022 World Cup host.
Macron’s plan also stipulated, among other things, that FIFA employees who relocated to France would be exempt from income tax for five years. Organizations like FIFA should have been exempt from corporate tax and other taxes such as real estate and corporate VAT. The Constitutional Council, the highest judicial body in France, has now nixed these plans.
The tax authorities in Switzerland can therefore also breathe a sigh of relief: FIFA, as a non-tax-exempt club in the canton of Zurich, pays a profit tax of 4 percent (although it is reduced). Between 2015 and 2018 alone, FIFA paid around $36 million in taxes and duties.
2023-12-30 07:57:10
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