Budget 2024: senators vote to eliminate the tax advantage for FIFA

Budget 2024 senators vote to eliminate the tax advantage for

This Saturday, November 25, the senators unanimously approved the deletion in the 2024 budget of an article establishing advantageous tax measures in favor of “international sports federations”, first and foremost FIFA. The system offers an exemption from corporate tax, business property tax and business value added contribution, as well as an exemption from income tax for employees of these federations domiciled in France for five years. after their “first assumption of duty”. The senators took turns denouncing an “excessive, incomprehensible, scandalous and, to put it bluntly, obscene” tax gift (Francis Szpiner, LR), a “scandalous and unfair” system (Éric Jeansannetas, PS), an “indecent” advantage, particularly against -towards the amateur sports movement (Pascal Savoldelli, PCF). The Minister Delegate in charge of Public Accounts, Thomas Cazenave, defended a tax provision which “is part of a global strategy” to make France a “sporting nation”, emphasizing that this advantage would not concern the “lucrative” activities of FIFA or any other federation, citing television rights, sponsorship, brands and derivative products. The government, which had supported the article in question, should logically reinstate it when the budget returns to the Assembly and will probably be adopted via the constitutional weapon of 49.3.

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