Just in case anyone forgot... The National Football League is an unincorporated nonprofit 501(c)(6) association, meaning its league office is not subject to income tax because it does not make a profit. In contrast, each individual team (except the non-profit Green Bay Packers) is subject to tax because they make a profit. The NFL considers itself a trade association made up of and financed by its 32 member teams. Whereas, I consider them tax dodgers...
Posted on: Tue, 20 Jan 2015 21:55:17 +0000
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