Sports owners set to lose tax perk

semafor.com/article/05/27/2025/sports-owners-set-to-lose-tax-perk

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The tax bill passed by House Republicans last week would close tax loopholes for owners of sports teams, a group that includes many of President Donald Trump’s biggest backers. They would no longer be allowed to deduct the entire value of player contracts, sponsorship deals, and…

This story appeared on semafor.com, 2025-05-27 17:16:51.
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