Tuesday, October 31, 2006
Interesting article in today's New York Times: Amid Questions, Brand Says N.C.A.A. Tax Status Is Merited, by Pete Thamel:
Myles Brand, the president of the National Collegiate Athletic Association, defended the organization’s tax-exempt status yesterday in the face of questions raised by the chairman of the Ways and Means Committee. After speaking at the National Press Club in Washington, Brand told a news conference that the N.C.A.A. had been advised by outside counsel that it was in compliance as a tax-exempt organization.
Prior TaxProf Blog coverage:
- Ways & Means Chair Thomas Questions NCAA's Tax-Exempt Status (10/5/06)
- George Will on NCAA's Tax-Exempt Status (10/25/06)
- NY Times on NCAA's Tax Exempt Status (10/29/06)