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Russu Alexandru

@russu_alexandru27

2 years ago
Don't stop believin!
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Posted On: October 12th 2024, 04:09 pm
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Don't stop believin!

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FIFA promises to disclose its executives’ compensation. But its under-fire president, Gianni Infantino, received tax benefits that were never made public, according to documents and interviews. Infantino had relocated from Switzerland to Miami — where he would face higher income taxes — ahead of the 2026 World Cup, Bruno Chiomento, a Swiss accountant, noted at a committee meeting to determine the pay of the association’s most senior officials. FIFA should pay to offset that extra tax burden through 2026, Chiomento argued. The other members quickly agreed without much further discussion, according to documents reviewed by The New York Times. FIFA would ultimately pay 100% of Infantino’s tax bill to the U.S. government. The tax benefit was never disclosed in filings, according to reviewed documents. Read more at the link in our bio. Photo by Kacper Pempel/Reuters
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