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Taxation & Estate Planning

: TaxProf Blog

Anti-BCS Group Files IRS Complaint Challenging Tax-Exempt Status of Bowl Games

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Playoff PAC has filed this complaint with the IRS, alleging that the three organizations behind the Fiesta, Orange, and Sugar Bowls have abused their tax-exempt status by using charitable contributions to (i) pay excessive compensation to their executives, (ii) make undisclosed lobbyist contributions, (iii) intervene in political campaigns, and (iv)...

Full post as published by TaxProf Blog on September 24, 2010 (boomark / email).

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