By 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 this week 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 Section page, please email Rachel Beachy at email@example.com.