How the NFL avoids paying millions in taxes

[LittleBlue]

21. It's difficult to explain to someone who doesn't want to understand

I'm a CPA who works in taxation trying to explain how this works, and you keep questioning sources rather than confront the reality that the NFL files losses on their income taxes. And rather than trying to understand the issue you've become argumentative about information you can find with a basic google search.

Let me make this very clear to you for one final time. No one in any part of the 1st world, no matter the loopholes, pays income tax when there is no income. You may examine their sales tax, their property tax, VAT (in Europe), whatever, but this is income tax. And when there is no income, there is no tax. On top of that, those losses are carried forward so that in the unlikely event that they make an income in the future, it's offset by the hundreds of millions in losses they have saved in the past. That's basic tax law.

You can believe whatever you want, but that has no bearing on reality of how tax law works. It's a little disappointing that you presented yourself as just an inquisitive person looking for information and yet it seems you've taken a stand on the issue without really caring about the tax laws. Nothing here is exploitative that doesn't happen every day at mom and pop type S-corps, LLPs and LLCs. The NFL pays its taxes, it's just that the teams and the individuals pay it, not a central corporation. It's not a trick or loophole at all, just a peculiarity of the way the NFL is structured.