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?

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6 replies	Author	Time	Post
I never knew that the NFL has a tax exempt status. (Original post)	jack69	Feb 2017	OP
The organization does. The teams are for-profit enterprises.	CurtEastPoint	Feb 2017	#1
NFL Gives Up Tax-Exempt Status Time.com	Ptah	Feb 2017	#2
It is a church, meeting on Sundays etc	Cicada	Feb 2017	#3
And a lot of people want to crucify Roger Goodell	True Dough	Feb 2017	#4
often wines or other spirits are consumed during the service	rurallib	Feb 2017	#5
They are also owned by multi-millionaires and billionaires that blackmail taxpayers into	doc03	Feb 2017	#6

Response to jack69 (Original post)

Mon Feb 6, 2017, 11:28 AM

CurtEastPoint (18,169 posts)

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

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Response to jack69 (Original post)

Mon Feb 6, 2017, 11:31 AM

Ptah (32,572 posts)

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, 11:47 AM

Cicada (4,533 posts)