Source: Fox News
As reigning 2026 FIFA World Cup champions, Spain won $50 million in prize money, but a large portion of that could be subject to federal taxes in the United States — potentially up to 30%. ‘I think it’s a rip-off,’ Rep. Tim Burchett, R-Tenn., told Fox News Digital. ‘I’m not a fan of it, but Americans have to do it. American professional athletes do it, so they knew that when they came over here.’ Income earned from activities performed in America is generally, in almost all instances, taxable by the IRS. Under tax law in the U.S., certain payments to nonresident foreign athletes are generally subject to a 30% federal withholding unless reduced by a tax treaty or a different exception.” (07/21/26)