The NFL is a tax-exempt organization, but one senator wants to change that

Discussion in 'National Football League' started by Axel3419, Apr 26, 2013.

  1. Axel3419

    Axel3419 Well-Known Member

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    http://thinkprogress.org/alyssa/2013/04/25/1923231/coburn-nfl-tax-exempt/

    Here's how it starts
    Thoughts? If this gets too political, it can be moved to the "bullshit" forum.
     
    #1 Axel3419, Apr 26, 2013
  2. NotSatoshiNakamoto

    NotSatoshiNakamoto Rookie

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    I had no idea pro-sports leagues were tax exempt. That's ridiculous. They should absolutely be paying their fair share.
     
    #2 NotSatoshiNakamoto, Apr 26, 2013
  3. Axel3419

    Axel3419 Well-Known Member

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    ^ Agreed. The NFL is absolutely a business.
     
    #3 Axel3419, Apr 26, 2013
  4. SienaSaints

    SienaSaints Well-Known Member

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    Any organization that promotes the development of a sports organization or the development of sports is considered a tax exempt org.
     
    #4 SienaSaints, Apr 26, 2013
  5. Brook!

    Brook! Soft Admin...2018 Friendliest Member Award Winner

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    I didn't know about this. NFL is a lucrative business and they have to pay the tax.
     
    #5 Brook!, Apr 26, 2013
  6. BigGorilla

    BigGorilla New Member

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    I went for a ride once in a restored WWII B-17 Flying Fortress bomber. It too was tax-deductible.
     
    #6 BigGorilla, Apr 26, 2013
  7. deathstar

    deathstar Well-Known Member

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    It doesn't really matter...

    All of the money ultimately flows through to the 30 teams which are taxable entities...

    Tax is still being paid...
     
    #7 deathstar, Apr 26, 2013
  8. Royal Tee

    Royal Tee Girls juss wanna have fun
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    Absolutely!!

    What kinda shit is that? Seems like the bigger, the more you DON'T pay!
     
    #8 Royal Tee, Apr 27, 2013
  9. deathstar

    deathstar Well-Known Member

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    They pay at the team level....

    Its like partnerships...the partnership pays no tax but the income flows to the shareholders and they pay tax...
     
    #9 deathstar, Apr 27, 2013
  10. SienaSaints

    SienaSaints Well-Known Member

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    There are no Shareholders in a partnership.
     
    #10 SienaSaints, Apr 27, 2013
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