Choose Site

In the News

Sports Franchises Lose Huge Tax Savings Under New IRS Regulation, Bloomberg Tax

January 23, 2019

Morgan Lewis partner Alex Reid spoke with Bloomberg Tax on the IRS’s final regulation that doesn’t allow sports teams to qualify for a 20 percent income deduction. Alex says in the article that teams may look at restructuring their business to take advantage of other tax deductions.

Read the full Bloomberg Tax* article >>
(subscription may be required)