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(Yahoo)   Looks like the IRS is targeting another non-profit group seeking tax-exempt status   (sports.yahoo.com) divider line 87
    More: Asinine, U.S. Senate, IRS, NFL, master status, nonprofits, Ninth Circuit Court of Appeals, public financing, PSLs  
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15776 clicks; posted to Main » on 22 May 2013 at 4:31 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-05-22 05:51:02 PM
subby, they already have tax exempt status.

you know who was President in 1966 when they got this status?
 
2013-05-22 05:53:31 PM
You act like it matters.  If they were taxable, they'd just offshore their money the way Apple, et. al. do and still end up paying nothing.
 
2013-05-22 05:53:55 PM
I'm getting tired of free rides.
- No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.
- No more religious exemptions.  You make income, you pay tax on it.  I don't care if you claim a personal connection with the sky wizard, it's still income.
- No more corporate exemptions.  No more incorporating in Ireland (iFark you Apple).  If it's income, it gets taxed.
 
2013-05-22 06:02:51 PM
It's important to note that the NFL is a Non-Profit Organization setup to monitor the dues and practices of it's members, namely the teams involved. Per this, one would only have to pay the $9,000,000 dues to join the league, though I am sure there are tons and tons of by-laws that the owners have to vote on it, etc. The NFL entity is non-profit, all the money it makes is put into funds and pays out it's employees, so at the end of the year, they make nothing.

The teams, on the other hand, are members of the non-profit, and the owners themselves can make bank. When they need a stadium, they go to their non-profit, of which they are a member, in order to do the funny money wrangling to get what they want, then take squatters rights to it. Funny story, though owned by tax payers, just try to walk into a stadium claiming it's owned by the tax payers, you'll get an entirely different story at the gate.
 
2013-05-22 06:05:00 PM
The NFL itself is technically a non-profit organization.  The teams in the NFL are not.  The teams are where the big money is.  So this isn't anywhere near as bad as it might look at first glance.
 
2013-05-22 06:06:26 PM

Wodan11: I'm getting tired of free rides.
- No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.
- No more religious exemptions.  You make income, you pay tax on it.  I don't care if you claim a personal connection with the sky wizard, it's still income.
- No more corporate exemptions.  No more incorporating in Ireland (iFark you Apple).  If it's income, it gets taxed.


That sounds like Socialist Muslim Usurper Commie talk.  Keep it to yourself, hippie.
 
2013-05-22 06:14:55 PM

vernonFL: Are you farking KIDDING ME?

I know the NFL does have a charitable organization attached to it, and they actually do some charitable work with kids, but COME ON. That is farking ridiculous.


You are conflating non-profit status with charitable organization status.  All charities are non-profits, but not all non-profits are charities.  In this case, the NFL is recognized as exempt (from income tax) under 501(c)(6) which is the same subsection that chambers of commerce use.  It's a league, an association of the 32 member clubs which are all for profit companies (even Green Bay, although their profits are pledged to charity).  All the NFL does is negotiate contracts on behalf of its members, put forth a marketing message for the teams (like a trade association might do),  set rules and provide officiating.  It isn't owned by anyone (other than the members) and any "profit" it may earn goes to the members as taxable income to each of the clubs.  It really could be set up as an LLC with each of the clubs being members (which would have the same tax effect) but that would be unnecessarily complicated and even less open to the public than it already is.
 
2013-05-22 06:17:56 PM
What's with the tag Mitt?
 
2013-05-22 06:38:36 PM
Not ONE professional sports association should be tax exempt.
As a matter of fact, if they got rid of ALL tax exempt organizations, along with the income tax,
corporate tax, social security tax, tax on tax, and went with a flat/fair tax, just think of all the
money flowing INTO this country from outside, in the form of tax shelters.  Just think of all of
the off shore accounts that would close up.  Just think of all the money that could be used in the
USA, instead of sitting in an island bank somewhere.
Oh, but a flat/fair tax would hit those at the lower end of the economic ladder the hardest.
Yeah, you keep believing that one...
 
2013-05-22 06:43:59 PM

Ivo Shandor: benh999: The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.

If they don't earn anything, why would they worry about being taxed on it?


You mean the same organization that earned $10 billion per year in revenue?

Someone DRTFA and thy name is benh999
 
2013-05-22 06:52:03 PM

strangeluck: I did a write in ballot, I voted for Donald Duck.


I always write in Satan when I do vote. Since he is the lesser of evils.

/Sometimes It's Santa though, when my lysdexia is acting up.
 
2013-05-22 07:21:45 PM

netringer: When they want some sucker town to build them a new stadium....*

You call them a business. They say it's a GAME.

You say it's just a game.  They say it's a business.

* You know. Like how any employer of a few hundred people gets the taxpayers to build them their facility.


So you're saying there is no benefit for them being in a city at all?

Are you the mayor of San Diego? I know our hotels and bars HATE the games, all those people crowding in busying up the place. Can't it just be peaceful? Those places that sell NFL branded merch also must be dying to get rid of teams. The same with restaurants that have food delivery during the times the games are on. And don't forget the mom and pop liquor store that must just hate selling cases of beer to people in that silly NFL branded merch. I also hate having a large stadium in town for other events like college football, and bowl games and motorcross, or huge concerts. There are just too many people spending money in town, they need to GTFO and spend their dollars elsewhere. Those rich farks! NIMBY!!!!

I know after we had to fight the government and vote to spend tax money on Petco park here everyone was sad. A ballpark in downtown that has at least people 20,000 people in an area that they might not otherwise go 81 times a year is just a waste of money! I heard tell they just want to bulldoze the place into the ground and salt the earth in that spot so nothing will every grow there again.
 
2013-05-22 07:25:45 PM

p51d007: Not ONE professional sports association should be tax exempt.
As a matter of fact, if they got rid of ALL tax exempt organizations, along with the income tax,
corporate tax, social security tax, tax on tax, and went with a flat/fair tax, just think of all the
money flowing INTO this country from outside, in the form of tax shelters.  Just think of all of
the off shore accounts that would close up.  Just think of all the money that could be used in the
USA, instead of sitting in an island bank somewhere.
Oh, but a flat/fair tax would hit those at the lower end of the economic ladder the hardest.
Yeah, you keep believing that one...


So you're trying to say that rich people, because of that money, would buy more stuff/ stuff that costs more than poor people? You need crazy pills because surely that's not true. Rich people just sit on their money, while poor people drive the economy with buying $100 worth of crap from Walmart every few weeks. I heard it on Fark.
 
2013-05-22 07:29:35 PM

Wodan11: I'm getting tired of free rides.
- No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.
- No more religious exemptions.  You make income, you pay tax on it.  I don't care if you claim a personal connection with the sky wizard, it's still income.
- No more corporate exemptions.  No more incorporating in Ireland (iFark you Apple).  If it's income, it gets taxed.


I'm on board.
 
2013-05-22 07:32:20 PM
Farking how the fark has this been going on for 50 years and no one has said, "Hey, maybe we should take a look at this?"
 
2013-05-22 07:44:54 PM

BMFPitt: Farking how the fark has this been going on for 50 years and no one has said, "Hey, maybe we should take a look at this?"


ARE YOU READY FOR SOME FOOTBALL!
 
2013-05-22 08:28:09 PM

Revek: mactheknife: Revek: Its ridiculous that a for profit entity like the nfl, who gouges millions of Americans with a polished media glut could even imagine they deserve tax exempt status.

No, it isn't, actually.  NFL-related revenues are taxed, just as those of the MLB, NHL and NBA are.  In each case though, they're just taxed upon either (1) the for-profit arm(s) of the league (e.g., NFL Business Ventures for the merchandising, NFL Films for revenues related to the NFL Network, etc.); or (2) the 32 teams.  The league serves as a financial "pass through" for its 32 member clubs.

If you want to hurt the NFL or MLB, take away not their tax exemptions, but their anti-trust exemptions.

I'm pretty sure a mandated true profit tax would help the american citizens as a whole.  It wouldn't be a penalty against the corps either.  The nfl like every other corp in the world doesn't deserve any kind of exceptions.  If they can't make it without them then they don't deserve to make it period.


Only one problem:  the NFL - the actual league - isn't a corporation.  Nor an LLC.  It's an "Unincorporated Nonprofit Association," which for tax purposes is a 501(c)(6) entity.  I see your point though.
 
2013-05-22 08:29:02 PM

James F. Campbell: You know what? fark it. Get rid of tax-exempt status for everyone.


Don't stop there.  Eliminate deductions, dependents, credits and a separate for capital gains for individuals.

The tax code shouldn't look like Swiss Cheese.
 
2013-05-22 08:29:13 PM

Silverstaff: mactheknife: If you want to hurt the NFL or MLB, take away not their tax exemptions, but their anti-trust exemptions.

Isn't MLB's anti-trust exemption based on a very old SCOTUS ruling that ruled that Major League Baseball isn't "interstate commerce" because it's nothing but playing a game?

Wouldn't they have to get that ruling overturned?


In Baseball's case, yes.  Football enjoys a limited anti-trust exemption as well thanks to an Act of Congress.  All Congress would have to do is repeal it.
 
2013-05-22 09:20:59 PM

Lucky LaRue: The NFL is a tax-exempt organization?!

[imageshack.us image 800x534]



This was also my reaction.
 
2013-05-22 10:18:22 PM
I also didn't realize that the NFL is a tax exempt organization. WTF?
 
2013-05-22 10:47:32 PM
The NFL was tax exempt? WTF?!?!?!?

As a fanatical NFL fan, if this is any part of the NFL other than some charitable offshoot organization, I say rip them a new arsehole. Errybody else pays taxes and they need to as well!
 
2013-05-22 10:48:21 PM
Football is not a religion?
 
2013-05-22 11:16:31 PM
good thing everything the NFL is taxed..

stop trying to get double paid..

tickets have taxes, shirts, beer, nfl ticket, nfl rewind.. any cap.. everything is taxed at sale.. WTF is the problem?
 
2013-05-22 11:35:25 PM

Wodan11: No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.


That bulk-rate pre-sort mail subsidizes your first-class use -- it creates the base load that allows the marginal cost of first-class mail to be under $1. FedEx and UPS both provide exactly the same scheme for big customers for exactly the same reasons. It would be unwise from a financial perspective to require the USPS to act differently.

If you want to make an argument on the grounds that junk mail is wasteful, annoying, bad public policy, etc. that's fine. But the financial argument is a non-starter.
 
2013-05-22 11:38:34 PM

tbhouston: tickets have taxes, shirts, beer, nfl ticket, nfl rewind.. any cap.. everything is taxed at sale.. WTF is the problem?


All other businesses (and individuals) also pay taxes on their profits, in addition to collecting sales taxes during transactions (which is technically a tax on the purchaser, not the seller). Why shouldn't the NFL do the same?
 
2013-05-22 11:58:11 PM

tbhouston: good thing everything the NFL is taxed..

stop trying to get double paid..

tickets have taxes, shirts, beer, nfl ticket, nfl rewind.. any cap.. everything is taxed at sale.. WTF is the problem?


So does every other farking business in the US. Guess what? They don't get to have their profits not taxed.
 
2013-05-23 12:00:55 AM

profplump: Wodan11: No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.

That bulk-rate pre-sort mail subsidizes your first-class use -- it creates the base load that allows the marginal cost of first-class mail to be under $1. FedEx and UPS both provide exactly the same scheme for big customers for exactly the same reasons. It would be unwise from a financial perspective to require the USPS to act differently.

If you want to make an argument on the grounds that junk mail is wasteful, annoying, bad public policy, etc. that's fine. But the financial argument is a non-starter.


I do my part. All those prepaid envelopes that come with your junk mail don't actually get paid unless they're used. So I remove all PII, stuff the crap back in that envelope and mail it back. I am getting the postal service revenue, and helping ensure some poor schmuck has a job opening all that junk mail.
 
2013-05-23 12:42:03 AM

pedobearapproved: Are you the mayor of San Diego? I know our hotels and bars HATE the games, all those people crowding in busying up the place. Can't it just be peaceful? Those places that sell NFL branded merch also must be dying to get rid of teams. The same with restaurants that have food delivery during the times the games are on. And don't forget the mom and pop liquor store that must just hate selling cases of beer to people in that silly NFL branded merch.


Then they can pay the taxes that fund the stadium.
 
2013-05-23 07:47:16 AM

Agent Smiths Laugh: fluffy2097: God. Every day I become smugger and smugger for not voting at all.

/I told you they were both monsters.
//you didn't listen.

Oh no, I've been in agreement for a long time.

I dislike and distrust every single manifestation of government and politics.

It's all corrupt right down to the bedrock.


Even Rand Paul?  Blasphemy!
 
2013-05-23 09:50:06 AM
I'm not sure if the article's author is being dumb on purpose or not.

The LEAGUE is not-for-profit and should be tax exempt.
The INDIVIDUAL TEAMS are clearly for profit and should NOT be tax exempt.

The league exists only to schedule games, promote the teams, etc. If the league were to accrue money, what would they do with it? All they need is to negotiate on behalf of the teams and pay for advertising. They don't need to build stadiums and there should be no "owner" (stockholders or otherwise) to give profit to.

The teams have owners who can choose to make or lose money off their team. They have to invest in assets like contracts and facilities, etc.


So the question should be are the teams tax exempt, not if the league is tax exempt.
 
2013-05-23 09:55:01 AM

netringer: You know. Like how any employer of a few hundred people gets the taxpayers to build them their facility.


That happens more than you think. You must not be politically informed.


The reason why the NFL is able to command so much in funds is because of how much in funds they bring in to a region. The state or town will make up in sales tax more than what they pay out in concessions to the team.
 
2013-05-23 09:57:28 AM

Ivo Shandor: benh999: The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.

If they don't earn anything, why would they worry about being taxed on it?


Because you aren't taxed on earnings, you're taxed on income.

I really hope you don't vote if you're this stupid and uninformed...


The money that makes it to the NFL has already been taxed when it was first earned by the team. It should not be double taxed. Just like how capital gains shouldn't be taxed because the money invested was already taxed when first earned.
 
2013-05-23 03:04:26 PM

Wodan11: I'm getting tired of free rides.
- No more bulk rate postage stamps, not when the USPS is losing money, and it is a headache to manage. Everybody pays first class rate, period.
- No more religious exemptions.  You make income, you pay tax on it.  I don't care if you claim a personal connection with the sky wizard, it's still income.
- No more corporate exemptions.  No more incorporating in Ireland (iFark you Apple).  If it's income, it gets taxed.


You've demonstrated such a lack of intelligence and knowledge in this post I don't know where to begin really...

I'll jump in at religion exemptions. It isn't income because they aren't businesses. The income was already taxed when the people earned it. When you pay your kid an allowance it isn't taxed for the same reason.

I'll follow up with "corporate exemptions" (there is no such thing... but I'll pretend). Apple wasn't incorporated in Ireland. Protip: any stock on a US stock exchange is incorporated in the USA. They store funds and recognize revenue in other countries based on tax law. Apple was a trailblazer in this area and invented a lot of the schemes you see today. But I digress. There is no way the USA can tax sales from other countries. That is a violation of the sovereignty of whatever nation they tried to impose that on. Compounding matters are "transfer prices" where the USA branch of Apple will sell parts to say the Ireland Apple for $0.01 a piece even if they are worth more. That way they bury the profit elsewhere. That's an extreme example, it has to be a good faith representation of what the item is worth, and that's why Apple inflates prices by selling their phones and laptops for twice as much as everyone else.
 
2013-05-23 03:07:36 PM

DeathCipris: Ivo Shandor: benh999: The NFL earns virtually nothing. It is an association of which its members earn billions which are taxed.

If they don't earn anything, why would they worry about being taxed on it?

You mean the same organization that earned $10 billion per year in revenue?

Someone DRTFA and thy name is benh999


You can't "earn" "revenue" moron. You earn profits. Earnings are profits. Revenue is cash flow.

Revenue of $10B and costs of $10B is income of $0.
 
2013-05-23 03:09:55 PM

BMFPitt: Farking how the fark has this been going on for 50 years and no one has said, "Hey, maybe we should take a look at this?"


Because you, the author and at least half the posters here are too stupid to understand reality and why this isn't a problem.
 
2013-05-23 03:11:40 PM

profplump: tbhouston: tickets have taxes, shirts, beer, nfl ticket, nfl rewind.. any cap.. everything is taxed at sale.. WTF is the problem?

All other businesses (and individuals) also pay taxes on their profits, in addition to collecting sales taxes during transactions (which is technically a tax on the purchaser, not the seller). Why shouldn't the NFL do the same?


The NFL does do the same, you're just not very bright.
 
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