arrow_back Civic Audit
Share share

Tax Exemption for Sports Awards: Olympians, Paralympians, and Special Olympics

This law introduces changes to tax regulations, exempting monetary awards received by athletes from income tax. This applies to achievements at the Olympic Games, Paralympic Games, Deaflympics, and Special Olympics World Games. These changes aim to financially support athletes and their achievements, taking effect retroactively from January 1, 2026.
Key points
Awards for medals at the Olympic and Paralympic Games are exempt from income tax.
The exemption also covers awards for achievements at the Deaflympics and Special Olympics World Games.
New rules apply to income earned from January 1, 2026.
article Official text account_balance Process page notifications_active Track this Bill
100%
VOTING RESULTS
2026-02-13
For 422
Against 0
Abstain 0
gavel
Status:
Transmitted to President
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 10_1348
Process start date: 2025-06-10
Voting date: 2026-02-13
Meeting no: 51
Voting no: 76