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Swiss Greens call for FIFA's tax privileges to be revoked

ZURICH (Reuters) - A Swiss political party is calling for FIFA's status as a non-profit organisation to be revoked in Switzerland, where the football governing body is registered....
Swiss Greens call for FIFA's tax privileges to be revoked © Reuters. FILE PHOTO: The logo of FIFA is seen in front of its headquarters in Zurich, Switzerland September 26, 2017. REUTERS/Arnd Wiegmann/File Photo

ZURICH (Reuters) - A Swiss political party is calling for FIFA's status as a non-profit organisation to be revoked in Switzerland, where the football governing body is registered.

"FIFA is not a 'non-profit association' but a profit machine on the back of human rights," said Aline Trede, from the Green party. "Let's put an end to the tax privileges for FIFA."

In a statement on Thursday the Greens, Switzerland's fifth largest political party, said they would introduce a parliamentary motion proposing FIFA be taxed the same as other companies of its size.

"FIFA's ban on the 'One Love' armband is definitely the last straw," said Trede.

The OneLove armbands, intended to send a message of tolerance and opposition to all forms of discrimination, have been in the global spotlight since FIFA threatened several European team captains with yellow cards if they wore them at the World Cup to support of LGBTQ people in host nation Qatar, where homosexuality is illegal.

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28-11-2022 12:21:45 (UTC+7)

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 EUR/USD1.0355↑ Sell
 GBP/USD1.2059↑ Buy
 USD/JPY138.38↑ Sell
 AUD/USD0.6687↑ Sell
 USD/CAD1.3447↑ Buy
 EUR/JPY143.29↑ Sell
 EUR/CHF0.9797↑ Sell
 Gold1,751.40Neutral
 Silver21.280↑ Buy
 Copper3.5640↑ Sell
 Crude Oil WTI73.97↑ Sell
 Brent Oil81.22↑ Sell
 Natural Gas7.258↑ Sell
 US Coffee C164.40↑ Sell
 Euro Stoxx 503,962.41↑ Buy
 S&P 5004,026.12Neutral
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 FTSE 1007,486.67↑ Buy
 Hang Seng17,222.00↑ Sell
 Small Cap 20001,869.19↑ Buy
 IBEX 358,416.60Sell
 BASF49.605Neutral
 Bayer55.45Sell
 Allianz205.35↑ Buy
 Adidas123.98Neutral
 Lufthansa7.567↑ Sell
 Siemens AG132.06↑ Buy
 Deutsche Bank AG10.390↑ Buy
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