Tax regime applicable to the “XXXVII Copa América Barcelona” event

The Thirty-sixth Final Provision of Law 31/2022, of December 23, on the General State Budget for the year 2023, establishes that legal entities resident in Spain incorporated for the purpose of the organization and celebration of the XXXVII Copa América Barcelona by the organizing entity thereof or by the participating teams, will be exempt from Corporation Tax on the income obtained from April 1, 2022 to December 31, 2025 on the occasion of the event and to the extent that they are directly related to their participation in it.

In addition, income obtained by permanent establishments established in Spain the organizing entity of the XXXVII Copa América Barcelona" or the participating teams during the event in connection with its celebration will be exempt.