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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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31-03-2024 10:19:50 (UTC+7)

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    EUR/USD 1.0793 Sell  
    GBP/USD 1.2624 Sell  
    USD/JPY 151.38 ↑ Buy  
    AUD/USD 0.6522 Sell  
    USD/CAD 1.3543 Buy  
    EUR/JPY 163.37 ↑ Sell  
    EUR/CHF 0.9738 ↑ Buy  
    Gold 2,254.80 Buy  
    Silver 25.100 ↑ Buy  
    Copper 4.0115 ↑ Buy  
    Crude Oil WTI 83.11 ↑ Buy  
    Brent Oil 86.99 Neutral  
    Natural Gas 1.752 ↑ Sell  
    US Coffee C 188.53 ↑ Sell  
    Euro Stoxx 50 5,082.85 ↑ Sell  
    S&P 500 5,254.35 ↑ Sell  
    DAX 18,504.51 ↑ Buy  
    FTSE 100 7,952.62 ↑ Sell  
    Hang Seng 16,541.42 Neutral  
    Small Cap 2000 2,120.15 Neutral  
    IBEX 35 11,074.60 ↑ Sell  
    BASF 52.930 ↑ Buy  
    Bayer 28.43 Buy  
    Allianz 277.80 ↑ Buy  
    Adidas 207.00 ↑ Buy  
    Lufthansa 7.281 ↑ Sell  
    Siemens AG 176.96 ↑ Buy  
    Deutsche Bank AG 14.582 ↑ Buy  
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