The Major Sporting Events (Income Tax Exemption) (Finalissima Football Match) Regulations 2022

Citation, commencement and interpretation

2.  In these Regulations—

“accredited person” means an individual who, in advance of their performance of the relevant Finalissima activity in question, has been accredited by UEFA for the purposes of the Finalissima through the issue of a personalised accreditation badge, including an individual who has been so accredited in their capacity as—

(a)

an employee, official or contractor of either the Italian(1) or Argentinean(2) national football associations, including, for the avoidance of doubt, a player listed in the Finalissima player list,

(b)

an employee, official or contractor of UEFA or UEFA Events SA(3), including a match official, or

(c)

an employee or contractor of a broadcast, commercial or media organisation working with UEFA for the purposes of the Finalissima;

“Finalissima” means the Finalissima football match planned to be held at Wembley Stadium in London on 1st June 2022;

“income” means employment income(4), or the profits of a trade, profession or vocation including profits treated as arising as a result of section 13 of the Income Tax (Trading and Other Income) Act 2005 (visiting performers)(5);

“UEFA” means the Union des Associations Européennes de Football(6).

(1)

Federazione Italiana Giuoco Calcio (FIGC) is an association recognised with legal personality under Italian private law under VAT Tax Registration Number 01357871001.

(2)

Argentine Football Association (AFA) is a civil association, constituted in accordance with the legislation of Argentina and domiciled in the Autonomous City of Buenos Aires. AFA is member of FIFA and CONMEBOL. AFA is registered with the Federal Administration of Public Revenue (AFIP), the Argentine tax administration, under the number 30527450701.

(3)

UEFA Events SA is a société anonyme which is wholly owned by UEFA and entered in the register of companies under the Swiss civil code with registered number CHE-109.373.092.

(4)

Section 7 of the Income Tax (Earnings and Pensions) Act 2003 (c. 1) defines “employment income” for the purposes of the Tax Acts. Schedule 1 to the Interpretation Act 1978 (c. 30) states that “The Tax Acts” means the Income Tax Acts and the Corporation Tax Acts. Schedule 1 further states that “The Income Tax Acts” means all enactments relating to income tax.

(5)

2005 c. 5; section 13 was amended by paragraphs 492 and 495 of Part 2 of Schedule 1, and Part 1 of Schedule 3, to the Income Tax Act 2007 (c. 3).

(6)

UEFA is a society entered in the register of companies under the Swiss civil code with registered number CHE-103.107.646.