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re: Nonprofit NIL Collectives just took a hit
Posted on 6/9/23 at 4:34 pm to MintBerry Crunch
Posted on 6/9/23 at 4:34 pm to MintBerry Crunch
quote:
Consequently, it is the view of this Office that many organizations that develop paid NIL opportunities for student-athletes are not tax exempt and described in section 501(c)(3) because the private benefits they provide to student-athletes are not incidental both qualitatively and quantitatively to any exempt purpose furthered by that activity."
Sir, this is a Wendy’s
This post was edited on 6/9/23 at 4:36 pm
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