GOP tax bill hits college, pro sports

Athletic fundraisers around the country say that’s an advantage that generates millions in annual revenue – and one that’s threatened by Republican tax. college sports. ticket sales and money.

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A single four-letter word – added to a provision of the tax code – has professional. [go along with what major sports leagues want] is because of Washington partisan politics. Democrats don’t seem.

Gop tax bill hits professional sports stadium bonds The House Republican plan to reform the nation’s tax code contains a provision that would eliminate.

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And the elimination of the 80% deduction for seat licenses at college sporting events. The latest proposal would cause less of a hit, but could still impact state spending. The final bill also.

People will not be allowed to begin playing fantasy sports in Louisiana. Nor will they be allowed to vote on whether to legalize betting on college and professional. and tax rate for fantasy sports.

The GOP tax reform bill released last week would bar state and local governments from issuing tax-exempt bonds for stadium construction, a common feature of stadium deals over the past two decades.

The Republican tax bill unveiled. since fewer will be itemizing on their tax returns. Additionally, the bill eliminates a deduction for donations that are often required to buy season tickets for.

GOP tax bill would have impact on pro, college sports.. The GOP tax reform bill released last week would bar state and local governments from issuing tax-exempt bonds for stadium construction.

The House GOP’s tax plan – which would hit higher education hard – could also land a blow to some major college sports programs by targeting season. That jumps to $25,000 for four tickets. The.

Now, that tax exemption could be going away, leaving the county on the hook for even more money. The GOP tax reform bill. fund sports that don’t generate revenue, said Liz Clark, director of.

The tax reform bill introduced by House Republicans on Wednesday does away with tax perks for college athletic departments and the funding of professional sports stadiums. GOP tax bill hits.

Season tickets for your favorite college football or basketball team could be missing one perk next year – a tax deduction. Under the tax reform bill introduced Thursday by U.S. House Republicans, the.

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