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 NFL will give up its tax-exempt status

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tony hipchest



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PostSubject: NFL will give up its tax-exempt status   Tue Apr 28, 2015 2:22 pm

shady bastards...

http://profootballtalk.nbcsports.com/2015/04/28/nfl-will-give-up-its-tax-exempt-status/

Quote :

The NFL has often faced scrutiny over its status as a tax-exempt organization. Now the league is deciding to give up that status.

According to Daniel Kaplan of Sports Business Journal, the NFL will change its status to taxable from tax-exempt. The federal government has granted tax-exempt 501(c)(6) status to the NFL since 1966.

That may reduce the criticism the league takes for being a tax-exempt organization, but more important to the league, it removes the requirement that the NFL disclose the compensation of Commissioner Roger Goodell and other top executives. So Goodell’s salary will no longer be public record.


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Gingerchip

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PostSubject: Re: NFL will give up its tax-exempt status   Tue Apr 28, 2015 2:38 pm

I didn't know they had 501 (C) status and were taxed exempt. I thought that 501(C) was for charities (shows you how much I know)

No matter what Goodell makes, he makes too much if it is even a dime over minimum wage.


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stlrtruck

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PostSubject: Re: NFL will give up its tax-exempt status   Tue Apr 28, 2015 4:31 pm

Great. Just get the feeling the NFL is trying to hide more things.

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effyou515



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PostSubject: Re: NFL will give up its tax-exempt status   Tue Apr 28, 2015 10:06 pm

now the NFL can get millions in tax refunds.

psst... we lost money last year.

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Master_Of_Puppets



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PostSubject: Re: NFL will give up its tax-exempt status   Wed May 06, 2015 2:01 pm

but yet they'll continue to use tax dollars to build stadiums.
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effyou515



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PostSubject: Re: NFL will give up its tax-exempt status   Wed May 06, 2015 4:07 pm

@Master_Of_Puppets wrote:
but yet they'll continue to use tax dollars to build stadiums.

this is the reason home games shouldn't be blacked out. tax payers in that area help pay for the NFL Stadium but the NFL says your local market can't watch the home team because the stadium didn't sell out. then give back the tax payers money that help build the stadium.

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