05-27-15, 04:35 PM
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#9
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Gefallen Engel U-666
Join Date: Jul 2013
Location: On a tilted, overheated, overpopulated spinning mudball on Collision course with Andromeda Galaxy
Posts: 30,109
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Connect the football dot$ =moneyball to the IR$
Quote:
Originally Posted by Bilge_Rat
of course, the beauty of using RICO and treating FIFA as a "criminal enterprise" like the Mafia is that the U.S. will be able to seize 100% of the U.S. assets of FIFA as proceeds of crime, should make a nice dent on the U.S. deficit.  |
It's conspiracy then fer sure...anything with football and money is open season for the Feds; Inflated balls sure didn't help the NFL either!
Quote:
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The NFL has been tax exempt since 1942 under section 501(c)(6) of the Internal Revenue Code which grants tax exempt status to organizations with a goal “to promote the common business interest” with activities “directed to the improvement of business conditions of one or more lines of business as distinguished from the performance of particular services for individual persons.”
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http://www.forbes.com/sites/kellyphillipserb/2015/05/01/fix-the-tax-code-friday-nfl-money-tax-exempt-status/
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