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Spain's World Cup prize may face 30% US tax

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Spain won the 2026 FIFA World Cup and faces up to 30% US tax on their $50 million prize money.
Brazil and Argentina also lack a tax treaty with the US, potentially facing a similar tax burden.
The tax bill could result in the Spanish team losing up to 30% of their prize money.
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Rajeev Chandrasekhar / Jupiter Capital interests historically