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Mon Feb 6, 2017, 10:19 AM

I never knew that the NFL has a tax exempt status.

There goes what little interest that I had. Does anyone know this for sure?

6 replies, 1046 views

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Reply I never knew that the NFL has a tax exempt status. (Original post)
jack69 Feb 2017 OP
CurtEastPoint Feb 2017 #1
Ptah Feb 2017 #2
Cicada Feb 2017 #3
True Dough Feb 2017 #4
rurallib Feb 2017 #5
doc03 Feb 2017 #6

Response to jack69 (Original post)

Mon Feb 6, 2017, 10:28 AM

1. The organization does. The teams are for-profit enterprises.

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Response to jack69 (Original post)

Mon Feb 6, 2017, 10:31 AM

2. NFL Gives Up Tax-Exempt Status Time.com

Why the NFL Suddenly Wants to Pay Taxes
Sean Gregory
Apr 28, 2015

The NFL announced Tuesday that it's voluntarily relinquishing its tax-exempt status. Here's what you need to know about the move.

Why in the world would the NFL volunteer to pay taxes?

Basically, the economic value of the exemption wasn’t worth the political and PR headaches that it created. In a memo to the league’s teams and members of Congress, NFL commissioner Roger Goodell called the tax-exemption a “distraction,” and said it has “been mischaracterized repeatedly in recent years.”

http://time.com/3839164/nfl-tax-exempt-status/

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Response to jack69 (Original post)

Mon Feb 6, 2017, 10:47 AM

3. It is a church, meeting on Sundays etc

The priests wear black and striped shirts, the holy "football" is placed at the alter called "goalpost" etc

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Response to Cicada (Reply #3)

Mon Feb 6, 2017, 03:04 PM

4. And a lot of people want to crucify Roger Goodell

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Response to Cicada (Reply #3)

Mon Feb 6, 2017, 09:35 PM

5. often wines or other spirits are consumed during the service

in communion with other worshipers

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Response to jack69 (Original post)

Mon Feb 6, 2017, 09:57 PM

6. They are also owned by multi-millionaires and billionaires that blackmail taxpayers into

building new stadiums at their expense.

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