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Rick

Were you aware that NFL clubsa re consdiered non profit and don't pay ANY corporate taxes already?

"The National Football League is a $9 billion-a-year industry, but it's a nonprofit in the eyes of the Internal Revenue Service. The league pays no corporate income taxes. The Atlantic Coast Conference gets the same treatment as a charity, even though it pulled in $293 million in revenue last year, according to Forbes.

The WRAL Investigates team looked at the nonprofit exemptions, which were built into the tax code long before big TV money deals."............

http://www.wral.com/nfl-is-tax-free-how-much-does-it-bother-you-/1206320...

Vog

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