NFL Will No Longer File as Tax-Exempt EntityBy Matthew R. Macaluso of Keller Macaluso LLC
After years of public criticism regarding its 501(c)(6) tax-exempt status, including discussions in Congress regarding removing the exemption, the NFL announced that it will no longer file as a tax-exempt entity, voluntarily relinquishing its status. Commissioner Roger Gooddell made the announcement to NFL team owners and members of Congress on Tuesday, April 28. Read more here.This post was written by Matthew R. Macaluso of Keller Macaluso LLC. If you would like to submit content or write an article for the Sports & Entertainment Law Sciences Section page, please email Rachel Beachy at email@example.com. To subscribe to more Sports & Entertainment Law Section news like the article above, click here to update your news subscriptions. Your news subscriptions appear in your bi-weekly E-Bulletin and on your personalized IndyBar homepage.Keep an eye out for our newest e-newsletter for members, Bar Talk, featuring the top IndyBar posts each month!