www.forbes.com
Ha! yeah 501(c)6 nfl used to be too. i think the nhl still is. some nutty deal for trade organizations and leagues that reinvest in themselves. our tax code is laughable.You've got to be kidding me.
Bill Would Strip PGA Tour Of Tax-Exempt Status After Saudi Merger Announcement
Shortly after the announcement, Rep. John Garamendi (D-CA) teed up legislation that would strip the PGA Tour of its tax-exempt status.
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Yeah, researched it a little bit and the NFL gave it up voluntarily in 2015.
PR bump. The money they were saving was not worth the bad optics.
Only the NFL itself was tax exempt. None of the teams or their related business entities were. Just the league office, which makes very little actual income. So this story got thrown around hurting the NFL's image, and they didn't get much out of it. Plus, filling as a non-profit, they had to disclose the commish's salary. Now they get to keep that shit secret.
Wasn't that around the same time the money being paid to the NFL by the armed forces for the patriotism displays was exposed?
