n Without Prejudice - Special tax measures : 2010 FIFA World Cup South Africa : tax
|Article Title||Special tax measures : 2010 FIFA World Cup South Africa : tax|
|© Publisher:||JetBlue Publishers (Pty) Ltd|
|Author||Mansoor Parker and Natalie Napier|
|Publication Date||Aug 2007|
|Pages||13 - 14|
In 2003 the Ministry of Finance issued a Government Guarantee to the Fédération Internationale de Football Association to assist the South African Football Association in its bid to host the 2010 FIFA World Cup in South Africa (the Championship). This Government Guarantee, which was a compulsory requirement of the bid and without which the bid for the Championship would certainly have failed, guaranteed that FIFA and certain other entities (dealt with later) would receive favourable fiscal treatment including exemption from certain taxes, duties and levies if SAFA's bid to host the Championship succeeded.
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