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2. NFL Gives Up Tax-Exempt Status Time.com
Mon Feb 6, 2017, 10:31 AM
Feb 2017
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.”

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