FIFA to be exempt from taxes

2010-04-16 07:49

Brasilia - Brazil agreed on Thursday to exempt FIFA and its partners from taxes for any goods and services related to the 2014 Soccer World Cup.

Brazilian Sports Minister Orlando Silva said the deal was reached in his meeting with FIFA secretary-general Jerome Valcke. Brazilian Planning Minister Nelson Machado and the president of the Brazilian Football Confederation (CBF), Ricardo Teixeira, were also present.

Silva said the television network that officially broadcasts the tournament will also be tax exempt.

"The decision to exempt FIFA is based on the assessment that Brazil stands to win a lot more by the stimulating effect on the economy. Releasing tax money will have a smaller impact than what is set to be generated by the economy and will be collected through taxes," the minister noted.

Silva said the deal is still pending ratification by Congress. The tax exemption is expected to be valid January 2011-December 31, 2015, more than a year after the World Cup ends.


  • AJ - 2010-04-16 08:14

    Crazy how countries bend over for this organisation. Believe me the amount you will actually get back in terms of 'stimulating effect' by holding the tournament is NOT ANYWHERE NEAR the real figure, which is much lower. In fact the tournament is actually a good excuse to visit a country you would never had visited normally, so you go once and never return. (That goes for 3rd world and 1st world). I'd rather have the tournament tax, TX tax, advertising tax, Match hospitality tax paid into governemt coffers as per normal and then take my chances. Brazil have already been awared the tournament, they should have called FIFA's bluff and said NO to tax relief.

  • AB - 2010-04-16 08:28

    This is nonsense - again only a few fat cats will benefit, while the tax income could have benefitted the masses - the poorest of the poor. We miss the point!

  • Jimmy - 2010-04-16 08:32

    WTF? We use TAXPAYERS money to build stadiums and infrastructure, and then FIFA walks off with a tax free profit? These people are lower than scum.

  • David - 2010-04-16 09:01

    Stuff like this is why I am not going to the games, not buying any of the stuff, and telling people to do the same.

  • EvilCorp - 2010-04-16 09:02

    I can see FIFA becoming a typical evil "Hollywood" sport corporation. An "Unreal Tournament" to startin the not so distant future. One can only imagine...

  • revaro - 2010-04-16 09:31

    those brazilians wil do anything fifa bosses want they know why instead of charging the taxes for fifa they agree to not charge tax while their people wil stil be strugling after 2014

  • aLEX - 2010-04-16 09:34

    who ever and where ever FIFA sludges and you all who accept terms and conditions SO!!!! shut the f!!! up

  • Mo Skikne - 2010-04-16 09:34

    Why is this Soccer thing called the Beautiful Game? The teams play Dirty, the players are like prima Ballerinas. They play hurt when they get bumped, prance around on the field when they score a goal and get paid money to kick a bloody ball!! Why must the public finance those selfish little Blattahs and company???? To the devil with them!!!!!

  • Mike - 2010-04-16 09:48

    FIFA... MAFIA... nuf said

  • Fifa are crims - 2010-04-16 09:54

    FIFA are registered as a club in Sweden and pay no tax because of this. Also they own the company doing all accommodation, travel and ticketing - Match. Plus they own the company filming the event and they make just about all of the profit from merchandise. Fair play FIFA, I think not.

  • 2010CumAgenNOT - 2010-04-16 10:20

    I know this forum is not allowed to express hate speech and so on... but Im begging you, let this one slide... F&^K FIFA!!!!

  • LJ - 2010-04-16 10:34

    No doubt Jerome Valcke will receive a handsome bonus for his part in negotiating this deal and bringing more millions into the FIFA coffers too.

  • Du Preez - 2010-04-16 10:50

    All SWC events should be called FIFA 1984. It seems every country has a "Danny Jordaan" selling their nation's souls to FIFA. I think FIFA can at least then do some PR with social responsibility projects to try cover up their schemes.

  • Win - 2010-04-16 11:17

    Shame on Danny Jordaan, using this country's loss to line his pockets!

  • Punk27 - 2010-04-16 11:38

    So, not content with raping the SA taxpayer, they now want to double their share by the next world cup as well? FIFA are real legal criminals...

  • Mandla - 2010-04-16 13:25

    We'll FIFA's gonna need that to make up for the astronomical losses of 2010!

  • Arch - 2010-04-16 14:00

    Typical pirates. Rape, plunder and pillage.

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