FIFA is nearing a significant breakthrough in securing a tax exemption for all 48 World Cup qualifiers after extensive negotiations with the US Treasury. This exemption, if granted, would allow national associations to apply for tax relief under section 501(c)(3) of the Internal Revenue Code, although they may still be liable for state and local taxes. The exemption could save national associations millions, addressing financial concerns about travel and accommodation costs during the tournament. In response to worries about potential losses, FIFA has increased the prize and participation fund by 15%, raising the total to $871 million (£645 million), with each team guaranteed $12.5 million. While FIFA has not commented on the ongoing tax negotiations, there is optimism that associations meeting the specified requirements will likely receive the exemption.