Source snapshotPublisher wording captured Jul 22, 2026, 12:25 AM
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IRS in the hot seat over potential cash grab from Spain's World Cup winnings: 'It's a rip-off'
Spain's $50 million World Cup prize money could face up to 30% federal withholding tax under IRS rules for nonresident foreign athletes in America.
Fox News Latest reporting33 sentences analyzed3,533 captured characters
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%.
American professional athletes do it, so they knew that when they came over here."
SPAIN BEATS ARGENTINA TO WIN 2026 FIFA WORLD CUP BEHIND FERRAN TORRES' EXTRA-TIME GOAL
Congressman Tim Burchett speaks to reporters following a House Republicans conference meeting at the U.S.
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