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5 hours ago

Spain’s $50M World Cup Prize Faces IRS Tax Grab: Lawmakers Cry Foul

Spain’s $50M World Cup Prize Faces IRS Tax Grab: Lawmakers Cry Foul

The 2026 FIFA World Cup champions, Spain, won $50 million in prize money, but a large portion could be subject to U.S. federal taxes — potentially up to 30%. Income earned from activities performed in America is generally taxable by the IRS, and... Read more.

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