End of Tax Exemption for Foreign Football Players in Italy: Impact on Italian Clubs and Future of Italian Youth

2023-12-30 03:49:36

The Italian government decided not to extend the tax exemption measures that foreign players in Italian clubs benefit from.

These players benefited from a procedure, which also applies to many specialized workers who graduated from universities, allowing only half of their total income to be subject to tax during the first five years of their work in Italy.

The president of the Italian Football Players Association, Umberto Calcagno, said in a statement on Friday, the day following the government’s decision

He considered that the previous feature “punished the entire national football movement. Finally, as of January 1, Italian and foreign football players will be in the same situation, and I thank the government for that.”

Italian Sports Minister Andrea Abudi supported extending the tax exemption for football players, but several other government members opposed this, including Deputy Prime Minister and leader of the anti-immigrant League party, Matteo Salvini, according to the Italian AGI news agency.

The representative of the Italian Parliament from the League Party, Luca Tocalini, said Thursday, “The discounts offered to foreign football players who earn millions are immoral, and the clubs are now investing in Italian youth.”

The ANSA news agency indicated that the Italian League expressed its concern regarding the measure, which it said would have “a result that is completely opposite to the desired result: less competitiveness for the teams, leading to less income and fewer resources for young people (…) and less income.” to the tax authorities.

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